Report notes expectations for large corn harvests, strong pace of wheat shipments

Large US plantings bring soybean prices lower

Smaller planted area due to wet weather during sowing season

Important EU producer balances helping Ukraine, shielding domestic market

Rice, wheat drive overall grain prices lower

Post-harvest supplies weigh on soy market

Provisional 2023 estimate projects 12.81 million tonnes on lower area, yield

Still 14.6% below its value a year ago

Early dryness in northern region takes bigger toll than expected

Major oilseed production estimated at 33.3 million tonnes