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The NWS forecast calls for above-normal temps and below-normal precip over most of the Southern Plains from December through February.

Drier weather in the southwestern United States, western Great Plains, and Southeast led to drought conditions developing or worsening for parts of these regions.

Wheat futures extend rally on signs of stepped-up exports, corn and soybeans also firmer.

The CBO has completed its review of the BBB package, Biden will meet with his Canadian and Mexican counterparts today and UAW workers reach agreement with Deere and Co.

Deere workers approved a new six-year contract | Tai gives signals of Biden trade policy

Weekly soyoil sales were strong and much higher than expected.

Big weekly jump in grain and soy prices.

Wheat futures led gains, pushing above yesterday’s highs, while corn and soybean futures did not clear Tuesday’s highs.

Soybean basis firmed 3 cents, while corn basis improved 5 1/4 cents.