Corn, wheat see good gains

Corn, wheat see good gains

Soybeans were narrowly mixed, but with most months holding above key support points. Near-term forecasts do have a move to a drier pattern in northern and central Brazil ahead of more rain into mid-month. That recent rainfall has allowed planting to catch up in many areas and has aided replanting, but the delays earlier in the season have likely cut back on planted area. That’s on top of continued excessively wet weather in parts of southern Brazil.