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Note that over the past 30 years the global corn stocks-to-use ratio has trended lower over time, while that for soybeans and wheat has trended higher.

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corn stocks are tight but not the degree that we saw a decade ago and world soybean supplies are tight as the global stocks-to-use ratio has fallen by 9% since the 2018/19 season,Soybean & Wheat Stocks-to-Use RatiosP[R1] D[300×250] M[300×250] OOP[F] ADUNIT[] T[]This chart shows the world corn,you agree to ourTerms of ServiceFor soybeans,include one number (0-9) and one letter (a-z)On a per-capita basis,along with robust import demand from China as they have rebounded far stronger than expected from the pandemic,the highest ever and 8.9% higher than this years trend of a 34.1% ratio,soybean and wheat stocks-to-use ratios since the 1990/91 season on the left-hand axis and percent that each years stocks-to-use ratio differed from the 30-year trend of these stocks-to-use ratios.this years world stocks-to-use ratio is 23.9%,the Midwest and Plains are getting hit the hardest by COVID-19. States that have resisted restrictions such as mask…By clicking Create Account,Brexit Trade Negotiations Suspended Because of COVID-19 CaseWorld Corn,and is also the highest positive differential at least in 30 years.Please correct the following errors and try again:Report Spotlights Ohio Farms Created on Paper Garnered Millions in SBA Aidproducts. I understand I can withdraw my consent at any time. 9110 West Dodge Road Omaha,updates and promotions regarding DTN/Six Ethanol Companies File New Anti-Trust Lawsuit Against Archer Daniels MidlandLawsuit Challenges State Officials on Decision to Close Stampede Meat Plant on COVID-19 ConcernsU.S. stocks are falling in early Friday trading with worries about the worsening pandemic,

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NE 68114To sum it up it appears we have plenty of wheat,Soybean & Wheat Stocks-to-Use RatiosThis years ratio is 4.6% lower than this years trend of a 28.5% ratio and that is the largest negative differential seen since the 1996-97 season.This years world wheat stocks-to-use ratio is 43.0%,even amid optimism about a coming coronavirus vaccine.Save DTNPF to your home screen: Tap on the arrow and then selectFor soybeans however,and like corn is the lowest since the 2013/14 season when it was 22.8%.8-32 characters,even though demand has grown at a brisk pace,the largest two year decline ever.This years coarse grain and oilseed crop shortfall in a number of key producing countries and regions,production appears to have outpaced that for it was just two years ago the world soybean stocks-to-use ratio at 32.9% was the highest ever.Please correct the following errors and try again:World Corn,has sent at least the global corn and soybean stocks-to-use ratios to their lowest levels in years.although this is not the case for wheat.containing news!

Only in corn has the world stocks-to-use ratio trended lower, probably linked to the renewable fuels boom, though it was just four years ago the global corn stocks-to-use ratio was record high.

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This years world corn stocks-to-use ratio is 26.0%, the lowest since 22.6% in the 2013/14 season, though 3.8% higher than this years trend of a 22.2% ratio, the lowest positive differential seen also since the 2013/14 year.

For wheat, stagnant demand has led to all-time highs in both stocks and the stocks-to-use ratio for the second year in a row and four of the past five seasons.

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Chart by Joel Karlin, DTN Contributing Analyst