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Black Sea Wheat futures were lower on volume of 92,750 MT. 5,000 MT of Aug/Oct traded $2.75 lower at
$2 carry, 17,750 MT of September traded $0.50-1 lower between $200.50-201, 4,000 MT of Sep/March
traded $0.25 higher at $13.50 carry, 7,500 MT of October traded $1.75 lower at $202.50, 17,500 MT of
December traded $1-1.25 lower between $207.50-207.75, […]

The USDA printed a larger than expected soybean yield at 53.3 bpa, which took the US 20/21
carryout above 600 mbu. Chinese demand offset some of the production gains with 19/20
imports up 2 MMT to 98 MMT and 20/21 imports up 3 MMT to 99 MMT […]

Black Sea Wheat futures were lower on volume of 15,950 MT. 13,450 MT of September traded $0.50-
1.25 lower between $201.25-202 and 2,500 MT of December traded $1 lower at $208.50. The last block
trade of the session was the lows in September following the GASC tender results. Both of today’s […]