Wheat leads the complex higher as Argentina heat and U.S. cold risks refocus attention on supply, while corn and soybeans follow on biofuels and export optimism
Record U.S. export sales could not offset strong South American supply signals and softer demand trends, leaving wheat, corn, and soybeans under pressure by the close.
Record U.S. export sales and weather risk lifted prices at times, but expanding global supplies and South American harvest pressure kept rallies in check.
Plains freeze concerns lifted wheat, while ethanol data and biofuel policy kept corn steady and soybeans weighed by oil weakness despite solid fundamentals.
