Wow..

this is all so confusing..

Now the US holds 26 mmt's vs Argentina's 41.8 mmt's of "Projected" ending stocks.. (well actually they aren't ENDING stocks.. but.. nevermind..) or the two combined hold..

41.8 + 26 = 67.8 and Brazil holds.. 21.35 in "stocks"  whoops.. it's not EXACTLY ENDING stocks since it's in October...

but 67.8 + 21.35 = 89.15 between the three of us.. in "ending" stocks..

Of course there's China.. and WHO KNOWS?!?  how much they really have but the WASDE GUESSES.. that they are gonna have.. 19.84 in "ending" stocks..???

so 89.15 + 19.84 = 108.99 OF the TOTAL of 115.33 in "Ending" stocks.. (which really isn't "Ending" stocks..)

or 95% of the World's TOTAL of Soybean "Ending" stocks...

Now Again.. China DID NOT BUY.. about 18 mmt's of Soybeans from the US.. because.. well.. that Darn Trump.. but Anyway..

Would THAT impact China's "Ending Stocks" of 19.84.. because 19.84 of "ending stocks" - 19 of NO IMPORTS from the US would.. 

equal..

golly.. carry the one.. 

hmmm..

only 0.84 mmt's of "ending stocks"

???

Well Maybe.. China IMPORTED Soybeans from ARGENTINA???

Well yal.. because they're gonna have 41 mmt's even though they only harvested 37.8.. and are importing 1.89 mmt's from the US...

?!?!?

Golly this all so confusing...