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USDA estimates corn acres well above analysts’ average pre-report estimate, while soybean acres were lower. March 1 corn stocks were slightly below expectations, while soybeans were slightly above. Wheat stocks were as expected.
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Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.
Editor Bill Watts tackles news and price action with Economist Spencer Langford before going over the Pro Farmer spring acreage survey with Economist Lane Akre.
Traders are positioning ahead of Tuesday’s USDA data on planting intentions and quarterly grain stocks
Grains continue to lead weakness with both corn and wheat falling under pressure this morning
Middle East war still running hot