Grains end lower after the USDA Report with a bearish soybean ending stocks number which pulled down corn and wheat.  USDA lowered corn yield by 4 bpa which offset higher acres so ending stocks were nearly unchanged from June.  Have soybeans topped and how low does corn go?  Wheat production was raised leaving ending stocks 30 mb higher.  Cattle and hogs reversed to end lower despite lower feed prices which was negative.  Chip Nellinger, Blue Reef Agri-Marketing has analysis. 

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