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USDA reports 2018 corn stocks at 8.888b on..>

US DATA
US DATA: USDA reports 2018 corn stocks at 8.888b bsls on Mar 1, +3.1% y/y.
- Wheat stocks -9.9% y/y to 1.494b bsls.
- Soybean stocks +21.2% y/y to 2.107 bsls. 
- Corn area planted for 2018 -2.4% from 2017 to 88.026 mln acres.
- Soybean area planted for 2018 -1.3% from 2017 to 88.982 mln acres.
- Area planted for all wheat in 2018 +2.9% from 2017 to 47.339 mln acres.
- Cotton area planted for 2018 +6.8% from 2017 to 13.469 mln acres.

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