CBOT Slow/Dull With China Not Showing Interest for US Soybeans; Central US Weather Favorable into Mid August with Rains Returning to N Midwest
CBOT markets are mixed and listless at midday. Corn futures are little changed while soybeans/wheat are holding in the green. Funds are dressing up their large net long soybean position into the end of the month while not worrying too much about corn (which is grinding lower against contract lows). Few traders desire to add…