USDA Cuts US Corn, Soy Estimates; Grain Mkts Up (2nd UPDATE)

(Updates with closing grain prices; additional analyst comments)CHICAGO -(Dow Jones)- The U.S. Department of Agriculture Friday cut its projections for 2008 U.S. corn and soybean production, keeping supplies of the commodities tight and helping lift grain prices.The reduction in crop size, which was the result of poor growing weather in August, could be the start [...] continue reading world news