Winter wheat markets built on Friday’s corrective gains during overnight trade, while corn, soybeans and spring wheat struggled to find followthrough buying.
Grain and soy futures continue to climb. Meanwhile, Brazil's ag minister is warning efforts to ensure hydroelectric power will disrupt shipping along the Parana River.
Argentina's port strike came to an early end. USDA hiked its ag export forecast, reminding of China's aggressive buys and the Phase 1 trade deal. USTR Tai talked with her Chinese counterpart yesterday.
Corn struggled to rebound overnight. Meanwhile, another strike is underway in Argentina and China took more steps to tighten its control on commodities.