The USDA's latest grain stocks report puts supplies for corn, soybeans and wheat all higher than a year ago.
Corn stocks are estimated at 7 point 81 billion bushels - up 1 per cent from 2015.
Soybean stocks are an estimated 1 point 53 billion bushels, up 15 per cent.
And all wheat stocks are an estimated 1 point 37 billion bushels, up 20 per cent from a year ago.
DTN Analyst Todd Hultman calls this report neutral for corn and soybeans but slightly bearish for wheat.