INFORMA ESTIMATES 13 BILLION BU CORN CROP.... August USDA was 13.365 billion bushels of corn production.    (365 million bushel difference).    Last USDA soybean production estimate was 3.433 billion bushels.  INFORMA ESTIMATE WAS CLOSE TO USDA AT 3.437 BILLION BU SOYBEANS.   

CBoT:  9/03/10

Rally today lead by drop in Informa's corn production estimate and Russia's statement by Putin that they "may" extend the ban on exports until after next year's harvest.    Beans are up on flow over selling.    Early corn yields in Southern Indiana --- Southern Illinois are running 15 to 40 bpa below expected.  Yield drop in corn being attributed to the hot / dry spell in August.   USDA will release their estimate as of September 1 next week.