Monday July 26,2021

• Markets subdued to start the week with wheat leading the trade slightly lower 
• Scattered rains over the weekend and more on the 10-15 day forecast should provide some feeling of relief in the soybean and corn crops
• However the crops still need to endure the next week of hot dry weather before that relief hits 
• Some tension being reported between China and the U.S. this morning after some high level political meetings last week