The broad selloff across grain markets following the Trump-Xi summit, worsening US wheat drought conditions, updated South American crop estimates, weak US export sales, and new developments in US-China energy discussions.

The sharp rally in wheat markets following the latest USDA WASDE report, declining US Hard Red Winter wheat production, weaker corn planting expectations in France, rising oil prices linked to the Strait of Hormuz disruption, and President Donald Trump’s upcoming talks with Xi Jinping in Beijing.

Deteriorating U.S. winter wheat conditions, faster-than-expected U.S. planting progress, export inspection data, and the upcoming Trump-Xi meeting in China.

Rising US wheat prices, expectations ahead of the USDA WASDE report, speculative fund positioning in C-B-O-T markets, and renewed tensions surrounding Iran and the Strait of Hormuz.

Worsening drought conditions in the US wheat belt, export sales data, Argentina’s harvest progress, and the upcoming Trump-Xi summit in China.

Falling grain and oilseed prices following renewed optimism around a potential US-Iran agreement, developments in global wheat demand and stocks, and renewed trade tensions between the European Union and the United States.

Falling grain and oilseed prices following renewed optimism around a potential US-Iran agreement, developments in global wheat demand and stocks, and renewed trade tensions between the European Union and the United States.

Tuesday’s weaker grain market, improving weather forecasts for wheat, U.S. winter wheat crop concerns, EU export data, and China’s diplomatic meeting with Iran ahead of President Donald Trump’s visit to Beijing.