In these videos from Advance Trading, Brian Basting reviews the recent USDA Stocks and Prospective Plantings reports.  He discusses the surprises they contained with the biggest being the larger than expected corn stocks.  He goes through the implications that has for Feed/Residual use for the balance of the year and how it impacts ending stocks.

The surprise in the soybean report was fewer than expected planted acres.  Of course, all of this will be impacted by weather and he reviews the wet April forecast for much of the corn belt and supply and demand scenarios.