The U.S. farm economy didn’t find any relief on the immediate horizon in today’s USDA acreage and quarterly stocks estimates (see today’s separate analysis for details), and corn got hammered as soon as they were released. More optimistic talk about a trade deal with China didn’t provide much help for the grain markets. However, it did bolster U.S. equity markets, which were up 0.5-0.6 percent through most of today’s trading session. Crude oil and the U.S. dollar were also both higher.   Corn FUTURES Corn fundamentals have been teetering on the edge of turning at least slightly bullish, but today’s big 1 March quarterly stocks number coupled with more acres than the trade expected delivered a bo...