In the US the USDA report was considered mostly bearish as the report confirmed what much of the trade had already factored into prices leading up to the report. Hard red wheat futures were the exception and fell away...

In the USA soft and hard wheat futures found some much needed upside at Chicago. The trigger was US export data but the futures market was also due for some technical buying. Combine those two things with the bargain...

It was all about planting delays in the US session last night. Corn and soybean futures lead wheat higher after the USDA weekly crop progress report pegged slower than expected progress had been made in the central US corn...