The recent strength seen in the wheat market has caught a few folks off guard, especially those relying exclusively on crop estimates or last month’s supply and demand outlook to form their market opinion. When it comes to winter wheat in the Northern Hemisphere, weather during the last half of April into May is incredibly important in determining yield potential. As we head into May, a critical month for development, there are a few places around the world where we are seeing potential issues arise. Southern Russia accounts for 31% of the country’s winter wheat crop according to the USDA and …