US wheat futures found spill over support from the corn and soybean pits which found their support from lower G/E ratings on Tuesdays weekly crop progress report. Fundamentally wheat has little reason to rally from a global perspective. Increased...

US grain futures were mixed last night, corn was a smidge firmer nearby while a smidge weaker in the outer months. Soybeans were back a little, leading the oilseed markets lower with both ICE and Paris canola slipping away....

Profit taking dominated the US markets with soybeans, corn and wheat futures all falling against a possible uptick in demand. I say possible increase because the number the USDA put out, soybeans at 300 million bushels, should have sent...