Do traders want to own the long weekend?

Overnight- Grain and oil seed prices are slightly higher to unchanged overnight.

The wheat market remains firm despite a Reuters report that Putin is possibly ready for a ceasefire. It is hard to believe that he is serious, but we will monitor this closely as it will also affect the corn market.

Black Sea weather is still an issue despite the headlines above.

We have June option expiration today going into a long holiday weekend.

Will this keep markets quiet, or will traders want to own market over the weekend?

It seems like some areas have finished up this week so what will the crop progress look like Monday afternoon, and will a good planting number mean the market will go lower?

After a wet weekend the weather pattern across the Midwest looks to dry up.

Bottomline

The weather worries seem to be dissipating as this week allowed many farmers to finish up planting and we will know how many next week. Watch the wheat market for clues to where corn wants to go and watch July soybeans for new crop soybean direction. NFC Grain Comments Options -new (55)