The Hightower Report said, “Chicago wheat prices have been little changed over last few sessions as global weather concerns and improved exports clash with bearish U.S. supply fundamentals.” Amanda Brill at Total Farm Marketing said, “In China, the drought happening in the wheat belt is expected to cause a decrease in wheat production. Areas in the Henan providence have received as little as 30mm over the past three months and yield will likely be impacted.” The Hightower Report said, “U.S. winter wheat under drought dropped 4% to 12%, compared to 21% last year and HRS under drought dropped a significant 10% to 19%, compared to 3% last year.” Austin Schroeder at Barchart.com said, “USDA’s Export Sales report from morning showed net reductions of 49,114 MT in the last full week of the 2024/25 MY. New crop was tallied at 444,857 MT, which was a 5-week low for 2025/26 sales. Much of the new crop business was to unknown destinations at 140,500 MT, with 131,000 MT purchased by Nigeria, and Mexico buying 108,400 MT.”