Ukraine continues to take aim at Russian ports, while rumors of three Panamax ships trying to make it to Odessa to load corn for China.

Today's action finds the grain trade higher, led by wheat again, as Russia has its potential exports threatened.

The breakout how the USDA came up with their calculations.

Big data day with wheat futures again pressing new lows for the year. We discussed why

Volume has fallen off considerably today, with the trading range for the day already set in the night markets. Exports return from China, and will probably see more announcements next week.

Guesses are coming in for next week's report, and if it's a commercial company, they are doing their yields on the high side. If it is a private company doing field surveys, they are lower guesses. So it's a wide array of thoughts heading in the next week Tuesday

Now I have soybeans seen a big rise today, but even wheat futures are getting into the rally mode.

Since early last week, corn has continued to find buying interest under 580 and closed at its best price today. Meanwhile, soybeans produced a near $0.20 trading range but closed right in the middle of it.

Soybeans are struggling despite the heat that's come in their way to continue to destroy yields, as are many talking we might see acreage increases on the September 12 crop report.

After tumbling $0.15 early in the session, wheat futures are recovering, absorbing those deliveries after a dramatic decline over the past week. It's the last day of the month and things are shifting as we report.