Futures Close Report 09/12/21

USDA

Wheat – higher than anticipated global production 21/ 22  (777.89mt from previous 775.28mt)  resulted in increase in end stocks to 278.18mt up 2.38mt from previous.  Due to improved production outlooks in Aus / Russia / Canada.

Corn ending stocks where increased slightly with larger crops seen  in Ukraine and the EU.  Soybean availability seen slightly lower.