Grains Market Update:
Teddy started off by discussing the recent activity in the grains market. Despite the funds being sellers of major grains, there was a significant uptick in wheat prices, with a nearly 30-cent increase at one point. Teddy mentioned that the market is showing continued strength, albeit with a slower pace for corn and beans. He highlighted the importance of monitoring weather conditions in major growing areas and the potential impact of Brazil's price advantage on the market.
