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</html><thumbnail_url/><thumbnail_width/><thumbnail_height/><description>&nbsp;&nbsp;The USDA&#x2019;s report did not change the US production of 19/20, cutting only stocks, now projected at 11.57 million tons. The market was expecting 12.19 million tons. The drop in stocks is justified by growth in exports. Despite the surprise, little effect on prices. &nbsp;&nbsp;&nbsp;USDA also increased the 19/20 world soybean production to 339.40 million [&hellip;]</description></oembed>
