News
USDA estimates total acres planted to principal field crops at 309.95 million acres, the lowest since 2019
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