The CBOT featured early firming in the grains complex with nothing but lower prices for the soy complex. Early buy corn/sell soybeans spread trade set the course for lower soy products trade while wheat spent the day drifting lower.  The weekly Export Inspections report showed the influence of the Thanksgiving holiday with shipment volumes for the major commodities all posting sizeable weekly decreases. More importantly, however, YTD corn exports are down 58 percent while the same statistic for soybeans and wheat is 20 and 19 percent higher, respectively. The aggressive pace of soybean shipments so far is a fortunate positive for the soybean market heading into springtime when U.S. exports typically decline. 

The one-day del...