Few Changes in S/D Report

No changes were made to the U.S. soybean balance sheet in the USDA supply/demand report. However, it said China is reportedly considering the purchase of more U.S. soybeans which could shift the flow of trade. USDA bumped Brazil’s soybean production 2 million metric tons with it now totaling 180 million. U.S. corn exports were up 100 million bushels and the carryout was down the same 100 million bushels.