Pro Farmer
Corn, soybeans and wheat each favored the upside in overnight trade with corn and wheat leading the way higher, extending yesterday’s report driven gains.
CCC funding level | Xi/Trump confab hurdles | No tariff exemptions for farmers
Corn acres come in above expectations
USDA estimates 95.326 million corn acres will be planted this spring, nearly a million acres above the average pre-report estimate. Soybean and wheat plantings were slightly below expectations. March 1 corn stocks met analysts’ expectations, while wheat and bean stocks were slightly above.
Markets keened in on Monday’s reports for most of last week with fresh catalysts at hand.
