Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Soybean ending stocks for year fall in uneventful February WASDE report: USDA

Commodities | Agriculture | Grains | Oil | Crude Oil | Jet Fuel | Petrochemicals | Coronavirus

Market Movers Americas, Aug 10-14: PVC demand bounces back from six-week decline

Agriculture | Biofuels

Platts Biofuelscan

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Agriculture | Grains

High prices boost soybean sales in Mato Grosso: sources

Soybean ending stocks for year fall in uneventful February WASDE report: USDA

Chicago — The World Agricultural Supply and Demand Estimates February report showed the estimate for US soybean ending stocks for the 2018-19 crop year declined 45 million bushels since December to 910 million bushels, Department of Agriculture data showed Friday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Totals for the soybean global 2018-19 year ending stocks, representing total remaining inventory at the crop year's end, were also lower, amid few other changes. Globally, ending stocks for the year saw a 8.61 million mt decline to 106.72 million mt, according to the USDA data.

The report noted that because of a lapse in federal funding, a separate WASDE report for January 2019 will not be published. The January report was initially scheduled to be released on January 11, but was not issued because of the partial US government shutdown.

According to the February report, US soybean yields decreased by 0.5 bu/acre to 51.6 bu/acre. US soybean production decreased 56 million bu to 4,544 million bu. Projected exports for the 2018-19 crop year were reduced 25 million bu to 1,875 million bu.

Despite the reductions in the report, trade reaction was very limited. Market participants had an extra month in January to discuss the release of updated USDA data, and saw little trade activity once February's numbers came in very close to estimates.

"There's always a surprise in the report, this one was surprising for how boring it is," a trader said.

The US crop year for soybeans runs from September 1 to August 31.

-- Luke Lundgren,

-- Edited by Jennifer Pedrick,