World corn stocks slip to 302.22 mmt, down from 303.07 mmt last month, but above trade at 300.32 mmt.
World soybean stocks fall to 92.83 mmt as USDA continues to cut South American production, down from 95.2 mmt previously, but still above trade at 91.51 mmt.
World wheat ending stocks are lowered 1.7 million tons to 278.2 million, down from 279.95 mmt last month, and below trade at 279.89 mmt..
U.S. wheat ending stocks at 648 million bushels, was up from trade at 629 mmt, and up 20 million on the month.
Food use is lowered 3 million bushels to 959 million with durum accounting for the entire reduction.
US corn ending stocks are unchanged at 1.540 billion, but above trade at 1.512 billion.
U.S. soybean ending stocks fall to 325 million bushels, down from 350 million last month, but above trade at 310 million.
Argentine soybeans production at 45 mmt, down from 46.5 mmt last month and just above trade at 44.51 mmt.
Argentine corn production at 54 mmt, unchanged from January. Trade was at 52.16 mmt.
USDA pegged Brazil soybean crop at 134 mmt, down another 5 mmt from January, and just above trade at 133.65 mmt.
Brazil corn is put at 114 mmt, down 1 mmt from January, and just above trade at 113.63 mmt.
USDA pegged wheat production in Russia at 75.5 mmt (unchanged).
Exports at 35 mmt (unchanged).
In Ukraine wheat production at 33 mmt (unchanged).
Exports at 24 mmt ( down 0.2 mmt).
As for corn, Russia production is at 15 mmt (unchanged).
Exports is at 4.5 mmt (unchanged).
Ukraine production is at 42 mmt (unchanged).
Exports is at 33.5 mmt (unchanged).
