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Wheat and corn futures are being supported by supply concerns amid the ongoing war between Russia and Ukraine. Soybeans are under pressure to open the week amid pressure from weakening crude oil prices.

Short-term trend turns up for corn, down for crude oil.

Wheat and corn futures were supported by solid followthrough buying from last week’s gains in overnight trade, while soybeans weakened.

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USDA left U.S. old-crop corn ending stocks unchanged, whereas traders expected a cut. Global corn ending stocks also unexpectedly increased.

Global corn carryout stocks increased

Grain and soy complex futures held in narrow ranges in light trade overnight as traders await USDA’s April Supply & Demand Report later this morning.

Skips credit requirement for 31 refiners

Our updated monthly and quarterly price forecasts.

Kansas has a one-point decline in dry/drought area

Wheat export sales soar

Winter wheat and corn futures are under light pressure this morning, while soybeans are modestly higher.

Corn and wheat basis firmed even as cash prices rose.

February beef exports were the second most ever for the month. Pork exports plunged amid sharply reduced shipments to China.

CRP enrollment acres down a net 1.4 million acres

Winter wheat futures led strong followthrough buying in the grain and soy markets overnight amid lower-than-expected U.S. crop ratings and global supply concerns.

Both the HRW and SRW CCI ratings are well below normal to start spring, with the HRW the lowest since 2011.

Corn and wheat export inspections decrease

Short-term trend for SRW wheat turns bearish.

Corn, soybean and wheat futures rebounded from last week’s losses in overnight.

Soybeans, wheat and hogs all posted poor technical performances this week.

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Wheat futures traded sharply higher overnight, while soybeans were slightly lower and corn was mixed. Similar trade is expected on the open this morning. Cattle and hogs are called weaker amid followthrough selling.

Wheat futures are trading sharply higher this morning, while soybeans and the soy product markets are lower on followthorugh selling. Corn is caught in the middle.

USDA unexpectedly estimates farmers intend to plant more acres to soybeans than corn in 2022. March 1 stocks were slightly lower than expected, while soybean stocks came in higher than anticipated.

Soybeans and cotton above expectations

A survey of land pros find Iowa cropland values soared 33% higher versus year earlier.

SRW areas show the largest improvement

Quiet trade expected ahead of USDA's reports at 11 a.m. CT. Hog futures will be supported by Wednesday's bullish Hogs & Pigs Report.

Soybean and pork export sales increase

Corn, soybean and wheat futures held in narrow ranges in quiet, two-sided trade overnight ahead of USDA's reports later this morning.

Sharp weekly drop in cash corn, soybean and wheat prices.

Corn, soybean and wheat basis continues to rebound from the sharp late-winter plunge.

The smallest March hog herd and market hog inventory since 2018. The breeding herd is the smallest since 2017.

Grain and soy futures finished higher and high-range overnight as outside market pressure from Tuesday eased. Cattle and hogs also expected to open higher.

Corn and soy complex futures posted modest corrective gains overnight. Wheat futures were weaker for most of the overnight session but have turned mixed early this morning.

Grain and soy markets faced heavy selling tied to improved peace talks between Russia and Ukraine. Hogs futures also faded on that news, while cattle firmed amid the sharp pressure on corn.

Followthrough pressure from heavy selling in grain and soy futures late in the overnight session amid renewed hopes of Russia/Ukraine peace talks. Livestock markets expected to open lower, too.

Wheat and corn continued to be pressured in overnight trade. Soybeans traded higher.

HRW crop conditions improved modestly during March but are still far below last fall and the five-year average for early April.

March planting intentions is getting much of the pre-report hype, but March 1 grain stocks could end up being the data that moves markets.

Analysts expect Wednesday’s Hogs & Pigs Report to show the U.S. hog herd contracted 1.2% from year-ago as of March 1.

Grain and soy markets faced heavy pressure from broad risk aversion. Cattle futures were also pressured by that selling, while hogs shook it off to close mostly firmer.

Annual survey find 16% gain in Nebraska farmland values

All three within expectations

On Monday, justices said they will hear the case

Short-term trend for lean hog futures turns bullish.

Grain and soy futures will face heavy pressure this morning. Cattle futures are also expected to trade lower, while hogs may see followthrough strength on the open.

Wheat futures led overnight price declines. Despite the heavy pressure, wheat and corn futures remained within their recent sideways trading ranges, while soybeans stayed within their choppy to higher range.

March 1 feedlot inventory was the largest ever for the month and 31,000 head more than traders anticipated.