“Prices ranged from $.02- $.06 higher. MIAX futures lagged while CGO and KC were the leaders to the upside. Spreads firmed in KC while a bit weaker in CGO. Mch-26 CGO notched its fifth consecutive higher close without much resistance until the 50- and 100-day MA’s near $5.36. KC Mch-26 futures traded above its 100-day MA however stopped short of its December high at $5.36 ½. Algeria reportedly bought between 500-550k mt of durum in their recent 50K mt tender. The grain is for Feb/March shipment with the price ranging from $315-$325/mt CF depending on vessel size. Lack of progress on peace talks between Russia and Ukraine also providing underlying support. Ongoing bombings have slowed grain trade thru the Black Sea region. U.S. exports at 900M bushels may get a boost in Jan-26 as they are up 22% YOY, vs. the USDA forecast of up 9%. 2026 winter wheat acres likely to fall another 1+ mil. acres from YA,” noted Mark Soderberg with ADM Investor Services.