The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Marc Schober is the editor of Farmland Forecast an educational blog devoted to investments in agriculture and farmland.
The WASDE had minimal changes for the U.S. balance sheet, but did have significant revisions for South America. Soybean production in South America was reduced by a total of 6.4 million tons. The lack of changes was expected for corn, but an increase to domestic soybean exports was expected.
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