The corn and soybean futures markets this week absorbed bearish USDA monthly supply and demand data, released Wednesday, and still traded solidly higher in its aftermath. Such suggests all the bearish news in the grain markets may now be factored into prices and that those two markets can trade at least sideways, if not sideways to higher, in the coming weeks. Corn and soybean bulls are back in business, and if those markets rally, wheat will likely follow. It could also be that many traders are viewing the grains as value-buying opportunities at lower levels. Stay tuned!– Jim