USDA Report out today!

[SASKFARMER3]

Latest USDA REPORT
** 2007-08 U.S. CARRYOVER **

CORN: 1.438 billion bu.; unch from Feb. est. of 1.438 bil. bu.
BEANS: 140 million bu.; down from Feb. est. of 160 mil. bu.
WHEAT: 242 million bu.; down from Feb. est. of 272 mil. bu.
COTTON: 9.4 million bales; up from Feb. est. of 8.2 mil. bales

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** 2007-08 GLOBAL CARRYOVER **

CORN: 104.0 MMT; up from 101.88 MMT in Feb.
BEANS: 47.44 MMT; up from 45.82 MMT in Feb.
WHEAT: 110.4 MMT; up from 109.7 MMT in Feb.
COTTON: 59.16 mil. bales; up from 57.33 mil. bales in Feb.

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** 2007-08 GLOBAL PRODUCTION HIGHLIGHTS **

ARGENTINE BEANS: 47.0 MMT; unch from Feb. proj. of 47.0 MMT
BRAZIL BEANS: 61.0 MMT; up from Feb. proj. of 60.5 MMT
ARGENTINE WHEAT: 15.5 MMT; unch from Feb. proj. of 15.5 MMT
AUSTRALIA WHEAT: 13.1 MMT; up from Feb. proj. of 13.0 MMT
CHINA WHEAT: 106.0 MMT; unch from Feb. proj. of 106.0 MMT
CANADA WHEAT: 20.1 MMT; up from Feb. proj. of 20.05 MMT
EU-27 WHEAT: 119.7 MMT; up from Feb. proj. of 119.5 MMT
CHINA CORN: 145.0 MMT; unch from Feb. proj. of 145.0 MMT
ARGENTINE CORN: 21.5 MMT; unch from Feb. proj. of 21.5 MMT
SOUTH AFRICA CORN: 11.0 MMT; unch from Feb. proj. of 11.0 MMT
BRAZIL CORN: 53.0 MMT; up from Feb. proj. of 50.0 MMT
CHINA COTTON: 35.0 MIL. BALES; down from Feb. proj. of 35.5 MIL. BALES

Trade expected 1.4 corn, 153 Soy and 263 Wheat.