Wheat futures fell as high stocks offset century-low acreage.

Soybean, Corn, and Wheat futures faced downward pressure as traders digested mixed fundamental data from the USDA. Soybean futures remained locked in a sideways pattern despite a 10% year-over-year increase in stocks. Corn futures saw steady declines throughout the week, influenced by planting estimates that exceeded expectations but remained lower than the previous year. Meanwhile, Wheat futures experienced the most significant volatility, dropping below the $6 support level as the market weighed five-year high U.S. stock levels against the lowest acreage reported in a century. Option open interest and CVOL metrics also showed shifting positioning across the grain complex heading into the holiday weekend.