Bearish news dominates the wheat market and is now largely priced in. That doesn't mean bullish news isn't possible. The USDA could spring a surprise in that regard with the Wasde. In soybeans, everything seems to revolve around China. According to sources, Beijing has purchased nearly 11 million tons of soybeans from China. Jurphaas Lugtenburg, market specialist at DCA Market Intelligence, explains the market sentiment.