The US and Italy are set to form a new task force in order to boost US soybean exports to Italy, Brooke Rollins announced yesterday.
Wheat classes are mixed at midday, with Chicago and HRW contracts trading higher at midday, supported by a weaker dollar and lower harvested acres.
Winter wheat conditions fell 1% to 48% good-to-excellent while harvest improved from 18% last week to 37% this week.
Argus Media estimates that Ukraine wheat production is now seen at 21.9 mmt, down from the groups earlier estimate of 23.7 mmt.
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