July Wheat finished down 9 3/4 at 795 3/4, 14 1/4 off the high and 5 3/4 up from the low. December Wheat closed down 9 1/2 at 830 3/4. This was 5 3/4 up from the low and 12 3/4 off the high.

Wheat opened lower in the July contract and made broad swings on both sides of the opening price before finishing the day chopping in a narrow range near the early lows. Traders indicate that the sharply lower corn market, sharply lower rice and favorable US crop weather, especially for hard red wheat, weighed on the market throughout the day. However, this week's Crop Progress Report did not show an overall improvement in the winter wheat crop as of Sunday with the good-to-excellent category remaining at 47% nationally for winter wheat. The poor-to-very-poor category moved down 1% to 21%. Chicago lost to KC in the July contract and the Minneapolis July contract finished marginally lower. RICE: The July contract remained sharply lower all day. This week's Crop Progress Report showed rice planting at 74% complete compared to a 5-year average of 80%. Emergence is running late at 48% compared to a 5-year average of 63%.

July Oats closed up 1 at 411. This was 9 3/4 up from the low and equal to the high.