These days it may seem as though grain markets have little else to consider beyond the U.S./Chinese trade dispute and its potential ramifications. We probably should apologize for spending so much time discussing it. Actually, there is a great deal more than the Chinese situation facing markets currently, but they are having difficulty seeing beyond a possible tariff war between the world’s two largest economies. Part of everyone’s problem is the lack of hard information about what is really going on. What happened in the three formal meetings on trade between U.S. and Chinese officials has never been fully reported. The press and other observers have been left to speculate about the results, and there has been a great deal of...