This weeks video talks about how to handle Black Monday
https://attendee.gotowebinar.com/recording/3463813876662869251
USDA March crop supply/demand report estimates – Reuters News
—–TUESDAY, 11:00 CST
USDA 2019-20 U.S. grain and soybean ending stocks, in billions of bushels:
| USDA March | Average of | Range of | USDA Feb. | |
| 2019-20 | analysts’ | analysts’ | 2019-20 | |
| end-stocks | estimates | estimates | end-stocks | |
| estimates | estimates | |||
| Wheat | _______ | 0.944 | 0.940-0.965 | 0.940 |
| Corn | _______ | 1.888 | 1.798-1.942 | 1.892 |
| Soybeans | _______ | 0.426 | 0.410-0.450 | 0.425 |
USDA 2019-20 world grain and soybean ending stocks, in millions of tonnes:
| USDA March | Average of | Range of | USDA Feb. | |
| 2019-20 | analysts’ | analysts’ | 2019-20 | |
| end-stocks | estimates | estimates | end-stocks | |
| estimates | estimates | |||
| Wheat | ________ | 288.47 | 286.30-291.00 | 288.03 |
| Corn | ________ | 297.25 | 294.90-299.50 | 296.84 |
| Soybeans | ________ | 99.33 | 97.80-101.00 | 98.86 |
USDA 2019-20 South American corn and soy production, in millions of tonnes:
| March USDA | Average of | Range of | Feb. USDA | |
| 2019-20 | analysts’ | analysts’ | 2019-20 | |
| estimate | estimates | estimates | estimate | |
| ARGENTINA | ||||
| Corn | ________ | 50.47 | 49.50-53.50 | 50.00 |
| Soybeans | ________ | 53.75 | 53.00-55.50 | 53.00 |
| BRAZIL | ||||
| Corn | ________ | 101.01 | 99.50-102.00 | 101.00 |
| Soybeans | ________ | 125.03 | 124.20-126.00 | 125.00 |
USDA world production, in millions of tonnes:
| March USDA | Feb. USDA | March USDA | Feb. USDA | |
| 2018-19 | 2018-19 | 2019-20 | 2019-20 | |
| estimate | estimate | estimate | estimate | |
| Argentina wheat | _____ | 19.50 | _____ | 19.00 |
| Australia wheat | _____ | 17.30 | _____ | 15.60 |
| Canada wheat | _____ | 32.20 | _____ | 32.35 |
| Russia wheat | _____ | 71.69 | _____ | 73.50 |
| Argentina corn | _____ | 51.00 | _____ | 50.00 |
| Brazil corn | _____ | 101.00 | ____ | 101.00 |
| South Africa corn | _____ | 11.80 | ____ | 14.50 |
| China corn | ______ | 257.33 | ______ | 260.77 |
| Ukraine corn | _____ | 35.81 | _____ | 35.80 |
| Argentina soy | _____ | 55.30 | _____ | 53.00 |
| Brazil soy | _____ | 117.00 | _____ | 125.00 |
Bill Biedermann
AgMarket.Net
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