Trade optimism and possible delays gave “light strength” to the grain markets today, Ami L. Heesch of CHS Hedging said. “The wheat market struggled amidst ample supplies of wheat and poor demand.”

In today’s crop progress report, corn planted came in at 3% (up from 2% last week) and is currently on pace with last year’s rate. Spring wheat planted is up to 2% (1% last week) and is down a percentage point from last year at this time, and down significantly from the 5-year average of 13%.