Corn prices fall (-4.2).
Sluggish outside markets data, mostly out of Europe and China, is helping to pressure to the downside as well.
Israel bought 45,000 tonnes of feed wheat overnight and this is thought to be coming from the Black Sea region. Black Sea wheat was last indicated at around $265 per tonne for August shipment.
The USDA attache in Romania issued a statement overnight that indicated that wheat crops were in good shape and production is expected to increase this year by 22%.