Spring wheat is spicing up the commodity markets. Corn and soybean conditions see a slight decline.
Commodities are mostly a snoozer this week, as changing forecasts continue to drive markets. Spring wheat conditions keep slipping, while corn and soybeans stay steady.
Market digested the July WASDE Monday, and it was back to weather maps for the market shortly after. The end of harvest is in sight.
Last week's rally was short lived, as weekend rains across the Corn Belt push commodities lower. Humidity and scattered showers are dragging out Kansas wheat harvest.
Yesterday's Stocks and Acreage report put bulls back in the driver's seat. Wheat harvest continues to be delayed by moisture and cooler than normal temperatures.
