Drought covers 35% of spring wheat areas, but only minor levels for corn, soybeans and cotton.
Brazil threatens reciprocal measures to Trump’s planned tariffs.
Traders failed to respond to strong weekly export sales reported near the end of overnight trade, signaling focus remains on weather.
Basis is better than average for SRW, but well below average for HRW.
The latest letters were sent to six countries, which are relatively minor trading partners.

Pro Farmer Editors