USDA Crop progress report was released today at 11am central slightly lowering corn and bean U.S. ending stocks. Wheat ending stocks came in the same at 654 million bushels. Brazil production was increased for both corn and beans, while Argentina production was slightly lowered. Argentina wheat production came in just 400 thousand bushels higher at 12 million bushels.
| USDA 2014/15 U.S. Grain Ending Stock (Mill. Bushels) | USDA | Average Estimate | Range of Estimates | Last Yr. |
| Corn | 1.998 | 2,027 | 1,905-2,156 | 1,236 |
| Soybeans | 410 | 427 | 400-455 | 92 |
| Wheat | 654 | 654 | 624-681 | 590 |
| USDA 2014/15 World Crop Production (Mill. Tonnes | ||||
| Brazil | ||||
| Corn | 75 | 74 | 68.7-75.5 | 79.3 |
| Soybeans | 94 | 93.4 | 92.0-98.0 | 86.7 |
| Argentina | ||||
| Corn | 22 | 23.1 | 21.0-24.0 | 25 |
| Soybeans | 55 | 55.5 | 55.0-57.0 | 54 |
| Wheat | 12 | 11.6 | 10.5-12.5 | 10.5 |
| USDA 14/15 World Ending Stocks (Mill. Tonnes) | ||||
| Corn | 192.2 | 191.4 | 189.6-194.0 | 173 |
| Soybeans | 89.9 | 89.7 | 88.5-91.6 | 66.9 |
| Wheat | 194.9 | 191.8 | 189.5-193.2 | 185.7 |