CBOT Firms At Midday With May Corn at 50 Day Moving Average at $3.80; Brazilian Weather Stays Dry

** CBOT futures are firmer at midday. Early weakness in corn/wheat was short lived with soy futures holding generally in the green. The volume of trade is modest with traders lacking directional market conviction heading into Friday’s NASS Stocks/Seeding Report. The market has a firm feel to it, but May corn would have to close…

Trump Says that US Tariffs to Stay on China for a Long Time to Insure Compliance; CBOT Mixed on Low Volume

** Mixed/low volume has been the CBOT price action with few traders wanting to take on more risk amid uncertain US/China trade. Summer row crops are weaker amid large South American supplies and their discount in world fob markets to US values. The discount of Argentine fob corn and Brazilian fob soybeans to Gulf values…