July Wheat Contracts Off Limit Up 03/04/2022

Wheat has started trading. There are very few orders to buy under limit up. CBOT May is still limit up, but July wheat, after being limit up 75 cents, is down 3 cents and falling. I expect May to come off limit also . If not July wheat will go back to limit up.

July hard red winter what came off limit up.

USDA announced this morning export sales of:

106,000 mts of old crop soybeans to China

108,860 mts of old crop soybeans to Mexico

125,000 mt of old crop soybeans to unknown