Corn planting intentions and March 1 stocks came in lower than expected.
Access this week's newsletter here.
USDA reported corn acres of 90.036 million acres for 2024 and March 1 stocks of 8.347 billion bu., both well below trade estimates. Soybean acres were slightly lower than expectations, while stocks were higher.
Exxon Mobil and SAF | Fed governor says ‘no rush’ to lower rates | Russia aids Cuba | Key USDA reports today
Japan works to support Yen, Eurozone cuts production forecast and the Biden Administration will repair Baltimore Bridge...
Corn, soybeans and wheat traded in tight ranges overnight, with grains showing relative strength into the break.