Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.

Report unlikely to have notable changes
Five points ahead of average
Wheat production fell last year for several reasons
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
Down 10 points in three years says FAS
Higher U.S. prices encourage stronger cash prices