The grain trade is firm in the overnight.

Mixed Signals: Grain Markets Firm, South American Weather Uncertainty, and Cattle Demand Strengthen Amid Tight Supplies

This morning’s grain trade is firm to a few pennies higher in the overnight session. Argentina's rain forecast competeing models cannot agree on whether the rain events January 19-24 are widespread rain showers or more of the soaking kind. The EU model is the one that is trying to maintain chances of rain forecasts this weekend. Of course, traders that …