Tuesday CBOT Bounce on Renewed US Export Competitiveness and Modest Fund Short Covering; No Change in South American Weather

** It’s a different day and a different market. CBOT futures are bouncing with corn, soybeans and wheat futures higher at midday. The increased US export competitiveness in world grain trade has offered support along with end user buying for Q1. US President Trump stated that he is very happy with the state of US/China…

CBOT Summer Row Crops Sink on Chinese Phase 1 Trade Pessimism; Exporter Talk that Additional Cargoes are Slow to Unload in Chinese Ports

** US/China trade talk worry was reported by CNBC around 7:00 AM CST that turned the headline readers “sellers” after the 8:30 AM CST opening. The news was that Beijing had turned pessimistic on a Phase 1 Trade deal due to US President Trump’s reluctance to roll back Chinese tariffs. China claims that such tariff…