Written Commentary
USDA estimated U.S. 2020/21 corn carryout at 1,502 mil bu vs 1,471 expected and 1,502 in Feb
USDA estimated U.S. 2020/21 soybean carryout at 120 mil bu vs 117 expected and 120 in Feb
USDA estimated U.S. 2020/21 wheat carryout at 836 mil bu vs 839 expected and 836 in Feb
USDA estimated World 2020/21 corn carryout at 287.6 mmt vs 284.2 expected and 286.5 in Feb
USDA estimated World 2020/21 soybean carryout at 83.7 mmt vs 82.6 expected and 83.3 in Feb
USDA estimated World 2020/21 wheat carryout at 301.1 mmt vs 304.4 expected and 304.2 in Feb
USDA estimated Brazil corn crop at 109.0 mmt vs 109.0 in Feb, Argentina 47.5 mmt vs 47.5 on Feb
USDA estimated Brazil soybean crop at 134.0 mmt vs 133.0 in Feb, Argentina 47.5 mmt vs 48.0 on Feb
USDA estimated China soybean imports at 100.0 mmt vs 100.0 in Feb, and corn at 24.0 mmt vs 24.0 on Feb
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