USDA made no changes to U.S. corn ending stocks and only minor changes to wheat and soybean stocks. Midwest Market Solutions President Brian Hoops says the biggest surprise in Friday’s report was with corn exports. “The USDA lowered corn and feed usage by 25 million bushels and increased ethanol demand. They left exports unchanged and that resulted in ending stocks also being unchanged.” The wheat and soybean numbers were within trade expectations. “USDA did not lower Brazil’s soybean crop as much as CONAB did, but it was in-line with the trade guess.” Read the April WASDE report.