Russian farmers plant less wheat

The grain market is having some trouble choosing a direction. Russian farmers are planting less wheat, but it will naturally take another small year before anything is noticeable in the physical market. In Europe, wheat exports are still not going particularly well, but the backlog in exports compared to last season is being reduced somewhat. In the US, federal employees are back to work after a 43-day shutdown. The fact that many figures regarding, among other things, exports and harvests were not published during that period could cause extra volatility in the coming days.