U.S. #corn export inspections were not as strong last week as in the previous, but they are still record for the week. One cargo of corn and one of #sorghum were inspected for #China. Half of the #soybeans were for China, but the week's bean total was below average.
USDA places total acres of #corn, #wheat and #soybeans at 227 million, the highest since 2016 and slightly below the trade average of 227.8 million. #Cotton plantings will fall slightly from last year. #Rice, spring & durum wheat area also seen lower.
My above comments refer to this Reuters brief posted this morning. Someone posed the question and based on the way the answer was worded, it did not imply (to me) that any major changes were imminent. BTW, 35 mbu is roughly 15 Panamax vessels worth of #soybeans.