Unprecedented bullish reaction to USDA bullish Sep 1 U.S. grain stocks.
USDA estimated U.S. Sep 1 corn stocks near 1,995 mil bu versus 2,250 expected and 2,221 last year.
USDA estimated U.S. Sep 1 soybean stocks near 523 mil bu versus 576 expected and 909 last year.
USDA estimated U.S. Sep 1 wheat stocks near 2,159 mil bu versus 2,242 expected and 2,346 last year.
USDA estimated U.S. 2019 corn crop near 13,619 mil bu versus 13,607 expected and USDA 13,617.
USDA estimated U.S. 2019 soybean crop near 3,552 mil bu versus 3,575 expected and USDA 3,552.
USDA estimated U.S. 2020 wheat crop near 1,826 mil bu versus 1,841 expected and USDA 1,838.
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