Conab increased #Brazil's harvests of #corn and #soybeans to 100.5 mmt and 123.25 mmt. The first corn crop was reduced but the boost in second crop offset that. Conab is in the process of revising soy S&D for 18/19, new data will be available soon.
Here's some of the key changes USDA made to #soybeans. #China's imports up 3 mmt to 88 mmt (1 mmt of extra use, 2 mmt into stocks). #Brazil crop to a record 125 mmt, exports up. USA exports up, stocks/use 10.5%. No changes in #Argentina.