December wheat was 1/2 cent lower overnight. The dollar was mixed to higher. December wheat posted a solid rally yesterday, as continued dryness in parts of the US soft red winter wheat belt and unexpected weakness in the first crop quality rating from the USDA sparked short covering yesterday along with buying by funds and by spreaders versus corn and other markets. This came as corn and soybeans put in weaker performances as the dollar continued to recover. The dollar posted some initial gains again overnight and traders said that this pressured a number commodity markets including wheat. However, when all is said and done, December wheat remains near the mid point of its trading range of the past 2 1/2 months. Traders and analysts indicate that a relatively soft tender calendar is helping to keep a lid on wheat along with improved conditions recently in Argentina. Harvest is nearly complete in Canada, with forecasts of snow this week potentially causing some last minute delays. Moderate to locally heavier rains fell in the Ohio Valley overnight, bringing some relief to a mostly dry soft red winter wheat belt. Parts of Illinois and southern Wisconsin also saw good rains as yesterday’s big storm initially moved into the region. However, large dry patches remain in the central and eastern Midwest.