Tuesday report had little impact

It was a whole lot of nothing from Tuesday's USDA report.

"The market was expecting a little tighter carryout and corn didn't get that," explained Aaron Curtis of MIDCO.

Soybean ending stocks were unchanged as well but we did see lower wheat exports. Wheat ending stocks were up 25 million bushels.

"That put a little pressure on the wheat market," added Curtis.

Corn and soybean prices were slightly higher going into the report at 11 a.m. Tuesday and that is where they stayed.