Summary: USDA reported bigger stocks in corn and a smaller 2021 wheat crop. For the week, December wheat added 32 cents while the nearby corn contract improved 15 cents. A soybean sell-off came after the larger stocks number fed the bears. The November soybean contract lost 39 cents. December meal shed $12.10 per ton. December cotton skyrocketed $8.54 per hundredweight. Over in the dairy parlor, November Class III milk futures jumped higher $1.28 or nearly 8 percent. A very mixed week in the livestock sector. December cattle dropped $2.95. November feeders weakened $5.68.
