Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Futures  >  Chicago Board Of Trade - Floor  >  SOYBEANS FUTURES (S) - CBR (FLOOR)/C1       

SOYBEANS FUTURES (S) - CBR (FLOOR)/C1

SummaryNews 
SummaryMost relevantAll NewsOther languagesMarketScreener Strategies

USDA cuts corn, soy stocks view as harvest outlook falls

11/10/2020 | 12:12pm EST

CHICAGO, Nov 10 (Reuters) - U.S. corn and soybean stockpiles will be smaller than previously forecast due to reduced harvest expectations, the government said on Tuesday.

The U.S. Agriculture Department in its monthly World Agricultural Supply and Demand Estimates report pegged 2020/21 U.S. corn ending stocks at 1.702 billion bushels and soybean ending stocks at 190 million bushels. The U.S. corn harvest was seen at 14.507 billion bushels and the soybean harvest was seen at 4.170 billion bushels.

Analysts had been expecting corn stocks of 2.033 billion bushels and a harvest of 14.659 billion bushels, according to the average of estimates in a Reuters poll. Traders estimated soybean stocks of 235 million bushels and a harvest of 4.251 billion bushels. (Reporting by Mark Weinraub; Editing by Caroline Stauffer)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CORN FUTURES (C) - CBR (FLOOR)/C1 -4.53% 500.5 End-of-day quote.3.41%
SOYBEAN OIL FUTURES (ZL) - CBE (ELECTRONIC)/C1 -2.95% 42.15 End-of-day quote.-2.45%
All news about SOYBEANS FUTURES (S) - CBR (FLOOR)/C1
01/15Brazil soy firms commit to zero deforestation from 2020
RE
01/15Brazil soy firms commit to zero deforestation from 2020
RE
01/15Wheat rises on Russian export tax plan; corn, soy fall on profit-taking
RE
01/14U.S. soy rallies on signs of strong demand; corn, wheat rise
RE
01/13Argentina 2020/21 soy harvest seen at 47 mln tonnes - rosario grains exchange
RE
01/12U.S. corn, soy supplies pressured by harvest cuts; prices surge
RE
01/11China to approve further domestic GMO corn, soy crop varieties
RE
01/11China to approve further domestic GMO corn, soy crop varieties
RE
01/04Soy rally extends into 2021 on South America supply fears; corn ends mixed
RE
01/04Soy rally extends into 2021 on S.America supply fears; corn pares gains
RE
More news