The USDA monthly supply and demand report mentioning the latest production estimates was released at the beginning of the week . This was a rare release which showed neutral data on corn and soybean production. This did not provide enough news to boost up the grain market . The present day social media provides quicker transfer of field data to traders through computers . A Strong yield and a void in bullish news made a sixty cent decline in corn from the weekly high. The market was poor due to a mid week frost scare. Chicago faced minimal damage due to cold temperatures. End users are expected to extend coverage to support the markets next week. October production estimates predict that the December values will climb back to $7.50 level. This is a wild card expected to excite the year end grain market.

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Grains Start, End Week on Negative Note

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