 USDA releasing the acreage report and the quarterly stocks report Friday. Both were bearish for the grain markets. Corn futures took a big hit today, though. Stocks on June 1st were higher for corn, soybeans, and wheat, but the corn planted acreage number was much higher than expected, which pulled corn and the rest of the grains down with it. July corn dropping 16.5 to 397.25. September 15 lower at 407.5.