“Prices were mixed today with CGO and KC $.04-$.05 higher while MIAX was off $.01. The Dec-25 contracts for both CGO and KC traded to fresh 3-month highs while also closing at session highs. The 100-day MA for both now serves as support after being overhead resistance for months. Dec-25 MIAX did hold 50-day MA support at $5.54 ¼. Speculative buying continues to fuel recent gains. Yesterday’s reported purchase of US SRW wheat by China brings their total purchases in the past week to nearly 500k mt. Perhaps weighing on prices in early trade were reports Russia’s Grain Union is considering doubling their grain export quota for the 2^nd half of the 25/26 MY to 20 mmt, vs. only 10.6 mmt YA,” reported Mark Soderberg with ADM Investor Services.