* At midday, corn is -2, soybeans are -2, Chicago wheat is -7, KC wheat is -7, Minneapolis wheat is -5, Mar feeders -1.450, Feb fat cattle +.600, Feb hogs -.450.
* USDA Weekly Inspections were 26.8 mln bushels of corn and a little above expectations. Soybean export shipments were at 42.4 mln bushel, higher than expected. Wheat export shipments were seen at 10.4 mln bushels, a little above expected also.
* Energy markets are lower today because OPEC saying that there is no need for any emergency meetings about production, and more weak economic data out of China.
* Cattle are lower from Friday’s inventory report, although there is some concern with this week’s winter storm.
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