Grains exploded after the latest USDA report

Grain futures soared on Tuesday after the US Department of Agriculture published its global demand and supply estimates for 2016/2017.
The most impressive jump was in Soybean futures, which rose by the most allowed by the Chicago Board Options Exchange, according to Bloomberg. 
The USDA's projected drop in reserves was more than analysts had expected. It sees inventories falling to a three-year low next year, according to Bloomberg. 
It projected soybean crush for 2016/1