Grain Market Awaits Pro Farmer Crop Tour Amid Ongoing Conflicts

The US grain market is bracing for the Pro Farmer Crop Tour, which kicked off on Tuesday. The tour's findings will be closely watched by traders as it provides valuable insights into the nation's corn and soybean crops. Last week, the August WASDE report was released, but this week's tour will offer more up-to-date information.

The market has been impacted by Russia's ongoing conflict with Ukraine, which has led to disruptions in grain exports. However, US wheat exports have not yet picked up, and the market has grown fatigued by these headlines.

Monday's trade showed a bullish boost, but Chicago wheat closed unchanged after weekend headlines about Russian-Ukrainian conflicts. Corn prices rose 6 cents on Monday.