The Hightower Report said, “Open interest jumped more than 10,000 contracts in Chicago wheat and nearly 5,000 in Kansas City yesterday as some new buying appeared following the sharp break over the last week and a half. Harvest pressure in the U.S. Russia and Ukraine likely limits how far prices can move to the upside but with funds holding a significant short position, short covering rallies could outperform.” Amanda Brill at Total Farm Marketing said, “More rain is expected to fall this week in soft red wheat areas which could delay harvest at times. Europe is currently experiencing a heat wave which could slow harvest there as well.” The Hightower Report said, “Continued hostilities in the Black Sea are also offering minor support as Russia and Ukraine attacks seem to have increased since ceasefire talks a couple weeks ago. There were reports yesterday of a drone strike at a nuclear plant in Ukraine.”