CBOT Debating July Weather Pattern Amid Rumors that China May Issue TRQ Grain Import Licenses; Brazilian Winter Corn Harvest 8% Completed
Mixed with little direction is the CBOT at midday. Corn/soybean futures are firm at midday with wheat futures trading lower in Chicago and little changed in KC. The CBOT lacks direction with no new Chinese demand announced this AM, and rumors of new Chinese purchases lacking. China is asking for offers on a host of…