US farm markets were mixed but mostly weaker on Monday.
Corn prices fell by 0.42%.
Wheat prices were mixed, as Chicago SRW was up 0.18%, while KC HRW was 0.28% weaker, and MGE HRS closed down by 0.45%.
Soybean closed up 1.1%, and soyoil climbed 2.14%, both supported by gains in oil prices, while soymeal was 0.39% lower at the bell.
In Europe grain prices fell in a very choppy session, while rapeseed closed higher.
Oil prices climbed by 6.3% after OPEC+ announced new production cuts.
The BDI rose about 1.7%.
On Wall Street, US stock indexes settled mixed.
The S&P 500 and DOW posted 6-week highs, thanks gains in energy sectors, and because weak US manufacturing news weighed on bond yields.
While a more than -6% fall in Tesla weighed on technology stocks keeping the Nasdaq in negative territory.
The DXY fell by -0.39%, with the dollar dropping to a 1-week low.
Notably, Chicago wheat May contract was up 1.2c/bu to 693.4c/bu;
Kansas wheat May contract was down 2.4c/bu to 875.2c/bu;
Minneapolis wheat May contract was down 4c/bu to 891.6c/bu;
MATIF wheat May contract was down €4/t to €256.25/t;
Black Sea wheat May contract was down $0.5/t to $282.5/t;
ASX wheat May contract, was unchanged to A$391/t;
US DWI Cash (durum wheat index) was up 0.76c/bu to 848.33c/bu;
1CWAD (Canadian durum) avg reg was down C$0.16/t to C$449.22/t;
EDW (EU durum) May contract was unchanged to €426.25/t;
Chicago corn May down 2.6c/bu to 657.6c/bu;
MATIF corn Jun was down €2.25/t to €255.5/t;
Soybeans May contract up 16.4c/bu to 1522c/bu;
Winnipeg canola May, was up C$8.5/t to C$776.4/t;
MATIF rapeseed May, was up €14.25/t to €490/t;
Brent crude Jun was up US$5.04 per barrel to $84.93;
WTI crude May was up US$4.75 per barrel to $80.42;
BDI Baltic Dry Index was up 23 points to 1.412;
Dow Jones was up 327 points to 33.601,15;
S&P 500 was up 15.20 points to 4.124,51;
NASDAQ Composite down 32.45 points to 12.189,45;
US dollar index (Jun ’23) was down 0.399 to 101.787;
AUD/USD firmer at US$0.6785;
USD/CAD weaker at $1.3435;
EUR/USD firmer at $1.0895;
USD/RUB firmer at ₽78.6520.
