Futures price action during the day session more or less continued the overnight pattern with wheat closing a few pennies higher, corn down less than 2 cents and soybean losses deepening to around 9 cents. Clearly, the sharply weaker U.S. dollar did not impress corn and soybean traders. General Comments There was a great deal of macro stuff going on today, but how much of it was actually reflected in the day’s grain and soy futures price action is open to question. China propped up the yuan versus the U.S. dollar, and an index tracking the U.S. service sector dropped sharply in December. A declining service sector along with other less-than-positive signals from the U.S. economy are taken as signs that the Fed may not raise its interest r...