The CBOT was mostly higher at midweek with grains – particularly wheat – leading the rally. Market chatter suggests China has returned to the U.S. to book SRW wheat, though we cannot find confirmation of such trades yet. Even so, the words “China buying” will create a rally in any market, which is exactly what happened in wheat. The CBOT market turned 14 cents higher and pulled the KC and MGEX futures into the green as well. Corn futures saw some spillover buying from the wheat rally, along with continued short covering and bottom picking trade. Soymeal also turned higher on concerns for Argentina’s weather, but weakness in soyoil pulled the soybean market lower. The day’s trade saw funds continue to cove...