CBOT Weaker At Midday Amid the Wait for Chinese Demand News: GFS Offers Less Central Midwest Snow in Coming Days

** CBOT futures were slightly lower to start. However, buying developed shortly thereafter with values bouncing on positive US/China trade news. But, the volume of CBOT trade remains sparse with midday activity lackluster. **  Traders argue that early buying developed as China reported in the South China News that they are ready to sign Phase…

CBOT Volume Sinks Awaiting Fresh China Demand News; GFS Midday Offers Better Snows for NW Midwest Mid Week

** Mixed has been the AM with the grains (corn/wheat) weaker while soybean futures are higher in slow volume trade. The market lacks direction and traders are not willing take on new positions amid the choppiness of recent weeks. US farmers are trying to push ahead with the summer row crop harvest while South American…