The wheat market remains a substantial buyer's market. European exporters are now accustomed to competition from the Black Sea region. Good harvests in the Southern Hemisphere are also generating increased supply there. Soybean exports from Brazil are running at a slower pace. China has halted exports from five ports due to concerns about soybean contamination. Jurphaas Lugtenburg, market specialist at DCA Market Intelligence, provides an overview of the most important developments in this market update.