There is no doubt that USDA's acreage and stocks estimates combined with the fancy weekly crop condition ratings have suddenly created a very bearish environment for grain and soy markets. Farmers and fund managers are in shock by the huge market drop and how rapidly everything seemed to change. General Comments Grain and soy markets were weaker overnight on follow-up selling after yesterday's washout that resulted from USDA's release of its bearish stocks and acreage reports mid-session Tuesday. That selling continued throughout the day session, although some late bargain hunting lifted prices off session lows. The session lows are also season lows across the board. Based on today's closes compared with those of last Friday (27 June), Au...