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Trade estimates for Tuesday's USDA Report

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    #25
    Originally posted by jazz View Post
    How does a 19% reduction in production translate to higher stocks?
    page #18 has world ending stocks for 19-20 at 300.09MMt
    page #19 has world ending stocks for 20-21 at 313.19MMt - Jan est ; 316.50-Dec est

    page #18 has Canada ending stocks for 19-20 at 5.50MMt
    page #19 has Canada ending stocks for 20-21 at 5.03MMt - Jan est ; 5.53-Dec est

    page #18 has Major exporters ending stocks for 19-20 at 32.78MMt
    page #19 has Major exporters ending stocks for 20-21 at 36.44MMt -Jan est ; 36.54-Dec est

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