

I look forward to USDA reports almost as much as a trip to the dentist for a root canal. At the very most, it is interesting to see the reaction after another round of estimates. USDA increased corn production to over 13 billion bushels and soybean production to another record -- 3.25 bb. Traders seem to be taking the stance of not believing the hype Friday morning as row crops are rallying. (DTN Market Matters Blog)