Grain futures surge on summit optimism and Black Sea concerns.

Virginia McGathey reviews widespread gains across the grain complex, starting with Soybean futures rallying on optimism surrounding the U.S.-China summit and increased buying from money managers. She details Corn futures surging toward channel resistance amid harvest delays caused by rain and hopes for expanded export demand. Finally, McGathey examines Wheat futures advancing as escalating conflict in the Black Sea region threatens export infrastructure.