The USDA report pegged South America’s crop as smaller than earlier predicted and the market reaction was neutral. For the week, the nearby wheat contract added 37 cents while March corn jumped 31 cents. Thursday’s trade range for soybeans was dramatic touching highs before a big reversal following CONAB’s Brazilian bean production estimate. The March soybean contract gained 30 cents. March meal strengthened $12.70 per ton. March cotton shrank by $1.46 per hundredweight. Over in the dairy parlor, March Class III milk futures expanded 99 cents. A mixed week in the livestock sector.