Quick Overview

• The U.S. trade deficit widened in March, the gap expanded 5.5% to $27.6 billion, up from $26.1 billion in February.
  
  

• The USDA estimates 2009-2010 U.S. ending stocks of:
  Corn at 1.145 billion bushels, down from 1.600 billion bushels in 2008-2009.
  Soybeans at 230 million bushels, up from 130 million bushels in 2008-2009.
  Wheat at 637 million bushels, down from 669 million bushels in 2008-2009.
  Sugar at 289,000 tons, down from 1.192 million tons in 2008-2009.
  Cotton at 5.6 million bales, down from 6.8 million bales in 2008-2009.
  

• The USDA estimates 2009-2010 world ending stocks estimate of:
  Corn at 128 million tons, down from 140 million tons in 2008-2009.
  Soybeans at 52 million tons, up from 43 million tons in 2008-2009.
  Wheat at 182 million tons, up from 167 million tons in 2008-2009.
  Cotton at 58 million bales, down from 62 million bales in 2008-2009.