@kannbwx

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.

@kannbwx

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5m

USDA reduced U.S. 2019/20 ending stocks for #wheat and #soybeans (increase in exports for both), while #corn stocks stayed the same (reduction in exports offset by increase in use for ethanol).

@kannbwx

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3m

USDA placed 2019/20 global ending stocks for #corn below the January estimate, but #soybeans were increased 2+ mmt. #Wheat down from Jan very slightly.

Karen Braun@kannbwx

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38s

USDA increases #Brazil's 2019/20 soybean crop to a massive 125 mmt from 123 mmt last month. Brazil #corn and #Argentina #soybeans and #corn unchanged from last month.

CRMAgriCommodities@CRMagri·1h

#USDA #WASDE - #oatt [in MMT]: - #wheat stocks: 288.0 ie unchanged on LM & ▲9.8 on LY - #corn stocks: 296.8 ie ▼1.0 on LM & ▼23.6 on LY - soybeans stocks: 98.9 ie ▲2.2 on LM & ▼12.4 on LY - corn prod. unchanged - soy prod. ▲2.0 => 125 [record]

David Brew liked

Karen Braun@kannbwx

·

2h

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.