Markets tried to be slightly better overnight and this morning in hope that today’s USDA’s reports might contain some positive news. There was nothing in the WASDE that could be considered even slightly bullish. It was the opposite as ending supplies for U.S. wheat and corn were higher with those of soybeans down a marginal 10 million bushels. The corn and wheat response to the bigger numbers was muted. Corn traded 1-2 cents lower much of the day with winter wheat steady to a penny or so higher. Meanwhile, the soy complex was weak. U.S. equity markets were lower, still suffering from yesterday’s dismal European Central Bank (ECB) growth forecast. Today’s monthly U.S. jobs report didn’t help with the job creati...