The markets opened lower and then turned deeper red as the session wore on. Much of the pressure was from outside markets, plus caution ahead of the three-day holiday weekend.  Soymeal and livestock managed higher closes but the rest saw losses. For the first four days of this trading week, December corn is down 10 cents, November soybeans have lost 66.5 cents and December SRW is off 11 cents. The trend is likely to continue into the long weekend.

One missing input for today’s trading was the weekly FAS Export Sales report. USDA said it will not be publishing the Weekly Export Sales report today or next week and will resume using the old reporting system effective 15 September. There was a glitch in the new reporting system t...