Little Change to South American S/D Numbers

USDA made only minor changes to Brazil’s soybean production, lowering it by one million metric tons. Traders expected USDA to lower Brazil’s soybean production number to 152.2 million metric tons. USDA also lowered Brazil’s corn production by two million tons to 122 million tons. USDA made no changes to Argentia’s soybean production and lowered corn production by two million tons.