Slow Volume CBOT Midday Trade; Wheat Bounces on Bitter Cold Plains Weather while Corn/Soy Stagnates Awaiting South American Harvest Data

CBOT values are mixed at midday in a reversal of Thursday’s trade with wheat futures higher while corn/soybeans sag on profit taking ahead of a long US weekend. Traders are loath to take on new risk ahead of the 3-day US weekend with Chinese buyers off on their Lunar New Year Holiday and cash trade…