US Soybean crop acreage down

US acreage for soy in 2018 to fall 1% 89 million acres. US Soybean stocks beginning of March 2.107 billion bushels. USDA private sale of 266,500 MT of soybeans to unknown destinations for 17/18 delivery. Export Sales report showed just 317,511 MT in old crop sales. 69,717 MT for new crop sales. Soy meal sales 184,052 MT, with soy oil at 34,589 MT.