-- Corn for July delivery fell 3.4% to $5.61 1/2 a bushel. -- Soybeans for July delivery fell 2% to $13.37 a bushel. INSIGHTLooking Rough: The yield for winter wheat crops in Kansas has taken a big hit because of stubborn drought conditions seen in the state, according to scouts on a wheat tour led by the Wheat Quality Council. That is down nearly 10 bushels an acre from the same time last year and well down from the USDA estimate for overall wheat crops in the 2023-24 marketing year. AHEAD-- The USDA is scheduled to release its weekly export sales report at 8:30 a.m. EDT Thursday.

Source: Wall Street Journal May 18, 2023 08:05 UTC