Call it a WASDE hangover with prices going higher than traders may have expected after last week's report. They've been trending down, but there were small bits of positive news through the week as well.
Ben Potter noted that as China came off a weeklong holiday the country started buying again, which showed some demand for trade. And it kept soybeans in a fairly narrow trading range after giving up some of those WASDE gains. And Spain is back in the market for U.S. grains.
In this edition of the Market Update podcast, Potter offered insight into what's happening with trade, and what to watch for in the days ahead.