“Prices surged $.08-$.15 today led by strength in KC futures. All 3 classes have traded to their highest level for the month. Still no meaningful rain for much of the southern plains over the next week. Above normal temperatures and periods of very high winds are expected thru the end of this week. Exports at 29 mil. bu. were above expectations and a new MY high for old crop. Global importers certainly responded to the plunge in price. YTD commitments at 775 mil. bu. are up 14% from YA, vs. the revised USDA forecast of up 18%. Commitments represent 93% of the USDA forecast vs. the historical average of 91%,” noted Mark Soderberg with ADM Investor Services.