By today’s close, losses in soybeans and wheat were down to fractions but corn could not fight its way back from USDA’s surprise bigger supply numbers in Monday’s WASDE. Volumes were generally light on this last day of trading ahead of Monday’s MLK holiday. Only the cattle market sparked with higher intensity as slower cash trades overrode higher cutout values and the threat of screwworm to send prices lower.  Meanwhile, winter wheat contracts showed some life on building a weather premium ahead of frigid cold meeting stands that are barely dormant, and corn perked up on a third straight day of flash sales.   On the week, hogs and soyoil made gains while corn and soymeal saw setbacks. 

Some of th...