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“All three wheat classes are trading lower this morning but were higher overnight with the rest of the grain complex,” Total Farm Marketing said. “May Chicago wheat is down 1/2 cent to $6.04-1/2. KC wheat is down 5-3/4 cents to $6.37-3/4, and Minn wheat is down 1/2 cent to $6.65. USDA rated 30% of the U.S. winter wheat crop as good-to-excellent on Monday, down from 34% the previous week and below analyst expectations, as dry conditions and a weekend cold snap stressed crops.”
