There have been plenty of rumors of big grain sales this week and now it appears traders have the proof they need to think China is buying. A 49 million bushel sale - 39 million of it as old crop corn - has been confirmed to "unknown destinations." That's all the news traders needed.
Senior Editor Arlan Suderman talks about this sale, and its potential impact on the markets with John Jenkinson of the Ag Network. You can listen to their conversation using the audio player below.