From the floor of the CME group Chris Robinson discusses the four-year lows in wheat and spot corn and what to look for in the coming months. As the July/Nov spread is now in delivery, Robinson suggests investors continue to watch the Aug/Nov and Sep/Nov bean spreads. Both of these spreads are under liquidation pressure, telling us that farmers are trying to move their grain. Robinson says beans are a good trade for the short or long run. Robinson says at some point wheat and corn will be oversold, but for now crop conditions looks good for corn and harvest pressure is at about 50% for wheat. Funds are short for wheat, still long position in corn, beans have come down to a small long or even position. The USDA report was a game changer, reporting 3 million extra acres of beans, which puts pressure on the beans. Robinson suggests watching them for a profitable spec trade.