Wheat was the big mover during the overnight session. Its direction was downward as weather models indicated that after another seven days of dry conditions, 19-21 April will offer a fair chance of moderate rain showers over parts of Kansas. Amounts are supposed to be heavy enough to cheer up wheat growers there for a while, but they won’t be heavy enough to break the drought pattern that has persisted over the southern half of the Plains since last fall. Overnight corn trade was mostly at slightly lower levels, and soybeans stayed with small gains. The day session was somewhat more active as the outlook for rain in the Plains late next week held. Still, wheat managed to moderate its early losses by a penny or two at the close. Corn...

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