Mark Soderberg at ADM Investor Services said, “Prices range from $.03-$.08 higher. CGO July-26 is up $.05 ¾ at $6.05 while KC July-26 is $.07 ½ higher at $6.57 ½. KC premium over CGO traded to a new high overnight at $.54. KC July-26 stalled just below LW’s 13 month high at $6.63. Look for spring wheat plantings to have advanced to 15% complete, vs. 16% YA and the 5-year average of 12%.” Matthew Lucas at Total Farm Marketing said, “High fertilizer costs are beginning to influence crop decisions across later-harvesting Southern Hemisphere producers, with an industry group in Western Australia signaling a significant reduction in wheat acreage and Argentine growers increasingly questioning their planting intentions.”