A sharp rebound in crude and expanding export momentum sparked a strong midweek recovery, with wheat surging on dry Plains outlook while corn and soy followed on biofuel and demand signals.
Chicago grain markets traded with sharp swings during the week as crude oil volatility, South American logistics concerns and strong fund buying competed with mostly unchanged U.S. supply balances
A mostly neutral USDA WASDE paired with volatile crude and mixed South American weather left wheat under pressure while soybeans found support ahead of U.S.–China talks.
