News
USDA’s March 2026 Prospective Plantings report produced no major surprises, but the bigger story may be the fact only 37.6% of farmers responded, the lowest participation in history for that survey.
Grains favored the downside overnight, giving up most of the gains seen on Tuesday following USDA reports.
The U.S. Environmental Protection Agency (EPA) finalized its Renewable Fuel Standard volumes for 2026 and 2027, setting biofuel blending requirements at record levels — higher than initially proposed — and reallocating 70% of waived gallons back into the system.
Trump addresses nation tonight on war in Iran
Corn acres top expectations, soybeans modestly below.
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.
Corn continues to lead weakness as funds cover positions ahead of today’s USDA reports.
Trump mulls ending war with Iran without opening Strait of Hormuz
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.
Grains continue to lead weakness with both corn and wheat falling under pressure this morning
Middle East war still running hot
EPA is removing DEF sensor requirements to end costly equipment shutdowns and save farmers an estimated $4.4 billion annually.
The RFS Set 2 rule is projected to increase net farm income by $4 billion and create a $31 billion market for corn and soybean oil while supporting 100,000 new rural jobs.
Crop rotations lead to lower corn and higher soybean acres than thought, but worries over input costs could lead to later-than-normal decisions.
Fertilizer price spikes are clouding spring planting as farmers warn of mounting financial strain, while lawmakers push for greater transparency with recently proposed legislation in both the House and Senate.
Corn, soybeans and wheat are each poised to work higher on a technical basis.