December wheat was up 2 1/4 cents late in the overnight session. Outside market forces look somewhat negative today with a minor bounce in the US dollar and weakness in energy and metal markets. The market will likely follow the other grains for tomorrow as the USDA production update for wheat was at the end of September and traders will be looking at just an update on demand factors for the reports in the morning. Wet weather in the plains on the weekend helped to pressure the market, but traders indicated that part of the Texas panhandle, eastern Colorado and western Kansas did not see enough rain to recharge soils. The region looks mostly dry for the next ten days, and traders will monitor the crop progress reports this afternoon to get a better feel for planting progress. However, some traders warn that producers are likely to aggressively plant the region even if soil conditions are questionable, as crop insurance prices are high. Syria tendered overnight to buy 100,000 tonnes of milling wheat, Jordan is tendering to buy 100,000 tonnes of wheat, and Bangladesh also tendered to buy 50,000 tonnes of wheat. Japan is also in the market for 129,000 tonnes of wheat for their weekly tender. December wheat gave back nearly all of the early sharp gains yesterday into the afternoon trade before closing just 4 cents higher on the day. The market saw strong buying support early (thought to be short-covering) as a surge lower in the US dollar and a sharp rally in equity markets and other commodity markets helped to support. Good rains on the weekend for the winter wheat areas of the US helped to limit the advance on ideas that a larger portion of the crop will get planted and off to a fast start. In addition, Argentina wheat areas saw some improvement over the weekend, and Ukraine dry winter wheat areas saw improved weather. Traders see the market as extremely oversold technically, and this added to the early buying support. The COT report showed a possible start to a short-covering trend by fund traders, and this added to the positive tone early yesterday. Traders see ending stocks near 735 million bushels for the supply/demand update, compared with the September USDA estimate of 761 million bushels. Open interest is at the highest level since late August, and funds were noted as holding a hefty net short position.