31 August is effectively New Year’s Eve for U.S. corn and soybeans as their 2016/17 crop year officially begins tomorrow. While it is doubtful that many involved in the U.S. grain and soy marketing chain will be engaging in celebrations today, the situation may not be as bleak as it might appear.Today (31 August) is effectively New Year’s Eve for U.S. corn and soybeans as their new 2016/17 crop year officially begins tomorrow. However, it is doubtful that many farmers and agribusinesses involved in the U.S. grain and soy marketing chain will be engaging in celebrations today. Certainly, farm equipment manufacturers and dealers, fertilizer producers and input retailers do not see much reason for celebration except to mark the end of a largel...