* At midday corn is -2, soybeans -6, Chicago wheat -4, KC wheat -3, Minneapolis wheat -5, Dec cattle -2.500, Dec hogs -1.500.
* USDA Exports sales data showed corn at 24.4 mln bushels (improving), soybeans at 47.8 mln bushels (strong), and wheat at 8.9 mln bushels (weak).
* Informa Economics forecasting 2016 US corn planting acreage at 90.1 mln acres vs. previous 90.8 mln. Soybeans at planting acreage at 85.3 mln acres vs. previous 83.9. US winter wheat at 38.7 mln acres.
* USDA Farm Service agency to release 2015 US acreage data today.
All opinions expressed in this commentary are solely those of Water Street Advisory. This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. There is significant risk of loss involved in commodity futures and options trading and may not be suitable for all investors.
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