Breaking News-RTRS-U.S. corn supply seen larger, soy stocks shrinking

CHICAGO, March 27 (Reuters) - Reduced demand from livestock and poultry producers and overseas buyers led to a larger U.S. stockpile of corn compared with last year, analysts said ahead of the U.S. Agriculture Department's quarterly grain stocks report.
Wheat stocks were expected to be larger because of a sharp drop in exports, but soybean stocks were likely smaller due to strong demand for U.S. supplies amid drought concerns about the South American crop.
USDA will release its corn, soybean and wheat quarterly stocks figures on Tuesday morning.