Chicago grain markets traded with sharp swings during the week as crude oil volatility, South American logistics concerns and strong fund buying competed with mostly unchanged U.S. supply balances
A mostly neutral USDA WASDE paired with volatile crude and mixed South American weather left wheat under pressure while soybeans found support ahead of U.S.–China talks.
Traders trimmed positions into Monday’s WASDE preview after massive U.S. export shipments, heavy technical/delivery activity and rising fertilizer risk left markets reactive and uneven
