On the Grains Grains are mostly weaker in overnight trade, particularly in wheat. Yesterday's weekly export inspections for corn were near the upper end of the range of expectations, but numbers for wheat and soybeans were closer to the lower end. Another cancellation of an SRW sale to China hurt early on yesterday, but wheat still managed another comeback day. STATS Canada put out their planting intentions yesterday, showing only a very slight increase in corn and total wheat, but a 5.1% increase for durum wheat and nearly a 22% increase in oats. However, planned acreage for winter wheat, spring wheat, canola, soybeans and barley are lower. This morning we'll get latest estimates on soybean and corn crop sizes from Brazil's CONAB that will likely be supportive since they are already well below USDA's March WASDE estimates. Beyond that, traders are rapidly becoming more focused on what our own planting intentions will be among major crops in the March Prospective Plantings later this month. Several private firms are already taking their own surveys and should have results ahead of the USDA report. On the Hogs: We started the week with futures firm and the July contract…
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