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Domestic ending stocks were unchanged for corn and soybeans, higher for wheat and lower for cotton.
Corn and soybean ending stocks were unchanged from February, while wheat ending stocks rose 15 million bu. However, global corn and wheat ending stocks were lower than pre-report estimates; soybeans were as expected.
U.S. job growth totaled 275,000 in February, exceeding expectations | Sugar updates
USDA to update balance sheets, House passes spending bill and the U.S. ag trade deficit widens...
Corn and soybeans saw modest corrective selling overnight on light volume, while wheat futures consolidated near contract lows.
Grain trade was light overnight ahead of USDA’s March crop reports later this morning.
February’s Farm Financial Performance Index reading of 85 was 1 point lower than January and 13 points below its most recent peak in December.