Argentine port paralysis and Black Sea supply swings collided with record U.S. crush and shifting acreage signals to produce a choppy, two-speed week across the grain complex.
Argentine strike spillover, solid export demand and biofuel policy uncertainty drove a firm wheat close while corn and soybeans diverged into the weekend.
A week of WASDE surprises, heavy export activity and South American crop revisions left wheat the big winner while corn and soybeans balanced competing supply and demand signals.