The USDA has lowered it's global ending stock numbers for corn and raised it's soybean and wheat stock numbers.
The department's latest WASDE report has the corn ending stocks down about point 7 million metric tons, soybeans up 1 point 1 million tons and wheat 2 million tons higher than last month's estimates.
The USDA hasn't changed it's expected U-S season-average corn farm price at 3.20 to 3.80 per bushel.
It's soybean season average price is also unchanged at from 9 to 11 dollars a bushel.
The department has raised it's season-average wheat farm price by 10 cents at the midpoint to from 5.80 to 620 a bushel.
Canada gets several mentions in the WASDE report's covering statement.
The department says an expected 1 point 8 million ton increase in wheat production helped boost global stocks and increased rapeseed stocks helping boost the global oilseed numbers.
