The CBOT traded a notable day with weak overnight trade pushing corn, wheat, and the soy complex sharply lower. As is the hallmark of bull markets, however, the selloff attracted end-users and the markets strengthened through the day session. The major CBOT markets finished with significant gains and corn continues to trade near its contract highs. Funds emerged as net buyers especially heading into the close and end-users continue to price physical needs as well.  WPI sources say China continues to show interest in U.S. corn on breaks in the market and that February soybean exports from Brazil are being washed out for U.S. shipments. Cash prices and basis across the U.S. remain firm or are trending higher and CIF values are sharply h...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, China, North America, South America