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The extended forecast wouldn’t be overly optimistic for significant improvement to HRW wheat conditions. However, SRW wheat areas should see relatively favorable winter weather.

SRW wheat sinks to 2 1/2-month low, corn and soybeans also lower as Ukraine export deal extended.

The area of winter wheat USDA estimated to be in drought conditions increased 1 percentage point to 75%.

Ukraine grain export pact extended for 120 days | Pelosi to announce ‘future plans’ today

Deal is extended for 120 days from Nov. 18 with no changes.

Corn, soybean and wheat futures sharply extended Wednesday’s losses overnight on news the Black Sea grain export deal was extended and pressure from outside markets.

Corn and soybean basis continues to strengthen as harvest winds down.

Soybean futures drop sharply amid weakness in crude, vegoils; corn, wheat lower on optimism over Ukraine export deal.