The U.S. government will be closed 5 December to honor the late George H.W. Bush, the 41st president of the United States. Release of the government’ s various reports for the remainder of the week will be delayed by one business day as a result. Whatever excitement was created by last weekend’s trade truce with China has pretty well dissipated. This occurred as the realization grows that the agreement may have little or no impact on U.S. soy or grain exports and thus provides nothing to prop up futures market prices. Contradictions among U.S. officials and the vagueness of comments from Chinese government officials have helped to cool off markets. Moreover, trading at the opening Monday night left large gaps in soybeans, corn...

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