HARD LANDING.............. First things first, the USDA monthly crop report came out at 7:30 AM central time during open-market hours. No shockers or surprises. Everything was in line or ranges of guesses. The USDA left corn ending stocks for old crop year delivery before August 31 and new crop your delivery after September 1 unchanged on the month. Old crop year came in at 851 million bushels and new crop year 1.881 billion bushels. The pre-report trade guess had come in looking for a 23 million bushel cut on old crop and 141 million bushels cut on new crop year. Since they traded $.32 higher last week into what they thought would be a bullish report, when disappointed with no drop in stocks they sold previous longs and pushing corn $.18 lower by midsession. Bean ending stocks for old crop year came in at 175 million bushels down 35 million bushels from last month and new crop year ending stocks at 140 million bushels, down 5 million bushels. These numbers were close to estimates as the USDA had reported a very aggressive export pace to China in May for old crop delivery dates. After trading $.12 higher on the report's release beans turned down $.10 to $.12 and backup $.08 into midsession. So traders who bought long on last week's $.90 rally expecting a bullish report, got it, and quickly took profits only to find new buyers on the break. Traders will come in Wednesday and say, what report, hows the weather. They know weather is 90% of the pricing of futures now and trading the next forecast rules over all the other fundamentals. Monday's crop progress report came out as expected, lower corn condition at 66% good to excellent condition, versus 72% last week and under our 10 year average of 68%. Big losers were Illinois 56% good to excellent, down 10% , Indiana 49%, down 10%. Iowa 67% down 8%, Missouri 43% down 6%, Wisconsin 71% down 7% and Nebraska 70% down 5%. Beans came in at 60% good to excellent versus 65 last week and under our 10 year average of 66%. Like corn, beans to saw the lowest ratings and biggest weekly declines in the Eastern grain belt but the western grain belt low as well.. This week's weather looks to further reduce condition and ratings on next Monday's report but smaller cuts more around 1 to 3%. The trade kind of ignored the condition report as the monthly crop report by the USDA took center stage and being already Tuesday traders are looking at next week's weather, which suggests rain. WXRISK.com the AG weather site sees Sunday to Monday 70% coverage of 1 to 3 inches of rain across the western grain belt of Iowa, Nebraska, Kansas, North and South Dakota into Minnesota. As of today the Eastern grain belt of Illinois, Indiana and Ohio were alittle lighter .50 to 1 inch. This would be the second wet grain belt week of the last six. Were very dry all over but this event if it comes to play ends the drought for at least one week. The last wet week was the week of May 21. On that Monday July corn was 6.44 by Friday, May 25, 5.80. Beans dropped $.60. If Wednesday through Friday continues to talk up an impending crop improving rain we have to expect a lower close on the week as traders will further sell longs and speculators will want to be short into the weekend. Technicals read like this. Support on December corn is 5.08 then 5.00 resistance 5.30 then 5.40. Support on November beans is 13.20 then 12.95 and 12.75 resistance 13.70. Support on September wheat is 6.34 then 6.28 and 6.18 resistance 6.42