ADM Investor Services said, “Prices range from steady in CGO to $.06 higher in KC. All 3 classes pushed into new highs for the week. US winter wheat area in drought expanded 2% this past week to 57%, a new 52 week high. It appears HRW wheat is seeing an expansion of acres in drought, due to hot/dry in the plains, while SRW is seeing drought stress ease. Look for further expansion in drought readings next week.” The Hightower Report said, “Winter wheat under drought here in the U.S. was up 2% at 57% compared to 38% last year. Other breaking news was limited today, but profit taking in corn and beans likely contributed to the relatively minor pullback off today’s highs. Wheat is not likely to break significantly until the southern Plains forecast indicates a soaking rain.”