Overnight trading was a mixed and low volume affair. The grains were slightly higher, and soybeans were just below Monday’s close. None of the lead contracts were able to muster as much as 10,000 contracts of trading volume. The day session began with a modest rally effort, but that did not last long. Thereafter, markets drifted indecisively on both sides of Monday’s closes. The most exciting closes were for May, July and August soybeans, all of which finished 1.75 cents lower. MGEX May wheat closed up 4.5 cents under the influence of flooding and standing water across the Dakotas and Minnesota, which still have a considerable amount of snow left to melt. The lack of price movement across the board reflects the absence of fresh...