GRAINS-Corn falls most in a month as USDA forecasts record output

* USDA estimates 2013/14 corn crop at record 14 billion bushels * U.S. winter wheat production lifted on better yields * Wheat futures plunge 2 percent, soybeans narrowly lower (Updates U.S. market activity to close) By Michael Hirtzer CHICAGO, June 12 (Reuters) - U.S. corn futures fell 2.5 percent for their largest decline in a

McMillan: USDA area estimates surprise trade

CNSC / The U.S. Department of Agriculture surprised some analysts Wednesday by leaving seeded area estimates unchanged for all U.S. crops. Before the report, a poll of grain analysts by Reuters found expectations were for corn acres to drop 1.5 million acres and soybean acres to rise 700,000 due to seeding difficulties this spring. Over