Don't forget, the Sept. 1 stocks can be affected by adjustments to the 2020 corn and soy crops. Below are analysts' predictions for the 2020 harvests in USDA's Sept. 30 report. NASS will review the 20/21 components and adjust where necessary.
Nothing about the 2021 U.S. corn and soybean harvest will be revealed in the Sept. 30 report, which will wrap up the 2020/21 year.
The next chance for USDA to adjust the 2021/22 (current) corn/soy crops is Oct. 12.
Bearish obviously!