Summary: The bulls ran out of feed with many markets giving back last week’s gains. For the week, December wheat fell 31 cents while the nearby corn contract declined 13 cents. It only took a week for the soy complex to erase most of the nearly 50 cent rally as the Chinese buying spree stopped and combines rolled. The November soybean contract fell 41 cents. December soybean meal weakened $3.50 per ton. December cotton expanded 29 cents per hundredweight. Over in the dairy parlor, October Class III milk futures decreased 73 cents. The livestock sector was mixed. December cattle shed 45 cents.
