Attached
USDA took US soybean exports up 25, crush down 10, and lowered product production accordingly. US corn exports were lowered 75 million bushels, more than expected. US wheat balance was unchanged.
US soybean stocks 210 vs. 225 last month (-15), -10 million vs. trade
US corn stocks 1342 vs. 1267 last month (75), 34 million vs. trade
US wheat stocks 568 vs. 568 last month (0), -5 million vs. trade
WLD soy stocks 100.0 vs. 102.0 last month (-2.0), -0.3 million vs. trade
WLD corn stocks 296.5 vs. 295.3 last month (1.2), 3.3 million vs. trade
WLD wheat stocks 267.2 vs. 269.3 last month (-2.1), -2.2 million vs. trade
Brazil Soy 153.0 vs. 153.0 last month (0), 0.1 million vs. trade
Arg. Soy 33.0 vs. 41.0 last month (-8), -3.7 million vs. trade
Brazil Corn 125.0 vs. 125.0 last month (0), 0.1 million vs. trade
Arg. Corn 40.0 vs. 47.0 last month (-7), -3.4 million vs. trade
| Terry Reilly Senior Commodity Analyst – Grain and Oilseeds |
| Futures International One Lincoln Center 18W140 Butterfield Rd. Suite 1450 Oakbrook terrace, Il. 60181 |
| Work: 312.604.1366 ICE IM: treilly1 Skype IM: fi.treilly |
| treilly@futures-int.com
|
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