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Winter wheat falls to lowest levels in a month, corn and soybeans lower ahead of USDA supply update.

All three were within the range of pre-report expectations but up sharply from the previous week.

Two-sided trade was seen in the grain and soy markets overnight, but futures are weaker and near session lows this morning.

Corn and soybeans finished mostly higher, wheat lower as trade awaits USDA Supply and Demand update.

Basis for corn and soybeans slipped over the past week but remains positive to futures.

Biofuel groups react to EPA proposals, Biden threatens Putin with sanctions and the House clears debt limit hike...

Grain, soybean futures expected lower as market waits for USDA supply update.

EPA raises food vs fuel debate for renewable diesel; Ethanol sector aid finally detailed

Soybean and soyoil futures faced active followthrough selling overnight, which pulled the rest of the grain and soy markets lower.

The proposed reductions are due to Covid impacts on fuel demand. EPA proposes returning to statutory mandated levels in 2022.