The U.S. Department of Agriculture released its latest World Agricultural Supply and Demand Estimates this morning.
Corn ending stocks came in lower than last month, at 675 million bushels. The average trade estimate was 729 million bushels.
Soybean ending stocks were left unchanged at 140 million bushels, compared with the pre-report estimate of 136 bushels.
Wheat stocks were left unchanged.
~ Wednesday, February 9, 2011 ~
link to USDA report: http://www.usda.gov/oce/commodity/wasde/latest.pdf