* At midday, corn is +1, soybeans are -1, Chicago wheat is +5, KC wheat is +3, Minneapolis wheat +5, May feeders -.175, Jun fat cattle +.250, Apr hogs +.250.
* USDA Monthly crop report was slightly bearish for corn, slightly bullish for soybeans, and neutral for wheat. In general, there were not any major surprises in all three. Corn stocks were at 1.862 a 13 million increase. Soybeans were at .445, a 11 million decrease and wheat .976 million bushels, a 2 million decrease.
* The world numbers were where more bearish numbers were found. Corn carryout was at 208.9 mmt vs. 207.0 prior report. Soybean carryout was at 79.0 mmt vs. prior 78.9 mmt. Wheat carryout was at 239.3 mmt vs. prior 237.6 mmt.
* China may consider exporting surplus Corn stockpiles, according to comments on Reuters from Cargill’s agriculture supply chain president.
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