The grain trade is mixed for Wednesday morning start.

Grains rebound as markets eye USDA acreage estimates. China-US tensions grow, pressuring trade. Argentina faces flooding risks; Brazil’s crop outlook weakens. Cattle market steady.

The overnight grain trade proved two-sided as early strength faded in the night, but by morning, corn again was challenging new session highs, with wheat following on a delayed Turnaround-Tuesday style. Typically, when grains are weak to start the week, there is a mid-week bounce before resuming selling if the negative trade is maintained. This would im…