“Prices closed higher across all 3 classes with KC and CGO up $.05-$.08 while MGEX was up $.03. The recent selloff has brought out global buyers. Algeria reportedly bought 660k mt in their recent tender largely from the Black Sea region paying roughly $244.50/mt CF. Saudi Arabia’s food security agency is seeking 655k mt of wheat in a tender that expires tomorrow. Results are expected next Monday the 19^th with shipment from August through October,” reported Mark Soderberg with ADM Investor Services.