WASDE Bullish Beans, Slightly Negative for Corn, Neutral Wheat

WASDE Report was bullish for soybeans with a cut in U.S. ending stocks and lower Argentina production, corn ending stocks slightly bearish raised by 75 million bushels but Argentina production was again cut.  Wheat balance sheets were left unchanged.  What does it mean for the market?  Jim McCormick of AgMarket.Net has details.