ADM Investor Services said, “Prices are steady to $.03 higher. CGO July-26 is up $.03 at $6.20, KC July-26 is $.01 higher at $6.71, while MIAX July-26 is up $.02 high at $6.95 reaching a 10 month high in the process. Money managers bought 11k contracts of KC wheat extending their long position to 28k contracts, the largest since June-22.” Matthew Lucas at Total Farm Marketing said, “Wheat importers have been delaying purchases due to elevated prices, hoping that a potential Iran peace deal could pressure markets lower. However, a large Saudi wheat tender, reportedly close to one million metric tons, has introduced fresh demand into the market, helping provide underlying support.”