“Wheat futures are posting modest gains this morning as the market balances ample global supplies against deteriorating crop conditions,” Total Farm Marketing said. “May Chicago wheat is up 1/2 cent at $5.97-1/2, Kansas City wheat is 1-1/2 cents higher at $6.36-1/2, and Minneapolis spring wheat is up 1/4 cent at $6.57-3/4. USDA rated 30% of the U.S. winter wheat crop as good-to-excellent on Monday, down from 34% the previous week and below analyst expectations, as dry conditions and a weekend cold snap stressed crops.”