Export sales are delayed until Friday morning.

Grain markets stabilize as Brazil's export issues unfold, while U.S. cattle futures surge to historic highs amid optimistic cash trade outlooks.

After a weak overnight session, this morning’s grain trade has found firming in row crops. Weakness developed as confirmation from yesterday about issues we discussed in Tuesday’s comments regarding possible restrictions on Brazilian bean importers were taking place. Five separate exporting entities, including ADM Brazil and Cargill Brazil, cannot recei…