USDA: Jan 12th World Supply and Demand, Crop Production, Grain Stocks

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NEW MARKET LIMITS :  Corn limit .25cents and expanded .40cent.

Soybeans .70cents and $1.05 expanded limit 

"Beginning in January 2013, USDA will release several major statistical reports at 11 a.m. Central Time, including the World Agricultural Supply and Demand Estimates, Acreage, Crop Production, Grain Stocks, Prospective Plantings, and Small Grains Summary." -USDA

Feb futures closed 20 cents lower on Monday, still a $7.52-$5.52 premium to the cash market. The other fat cattle futures ended the day 2 to 42

Domestic wheat markets closed the first trade day of the week with double digit gains. Chicago wheat closed 9 3/4 to 14 cents higher. KC HRW was up

Front month corn prices gained 11 to 11 1/4 cents on Monday, recovering about half of the Friday sell off. USDA’s weekly Export Inspections report

Cotton prices didn’t recover all of Friday’s losses, but still ended with 58 to 77 point gains for the front months. New crop cotton prices are

Lean hog futures were 47 to 70 cents higher at the closing bell on Monday. For May, that took out Friday’s high and $81.225 is the new life of

At the close, CBOT soy complex had recovered about half of Friday’s losses. Beans were back up by 26 1/4 to 31 3/4 cents. Soymeal futures closed