Today's World Agricultural Supply and Demand Estimates report bumps up global wheat stocks while reducing expected corn and oilseed numbers.
The wheat ending stocks are raised 2 point 2 million tons to a record 232 million tons.
That's 9 per cent larger than the previous stocks record set for the 2014-15 growing year.
Global corn ending stocks are reduced by 2 point 9 million tons to 208 point 9 million, which would still be a record.
The USDA says more than half of those stocks are held in China.
And global oilseed stocks have been reduced 4 point 2 million tons from the December forecast.
The USDA bases that on reduced soybean stocks in the U-S, Argentina and China and reduced canola stocks in Canada.
