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USDA’s Quarterly Stocks data showed figures lower than the average trade guess, sending the soybean market higher, while the news also led corn higher, though gains have been capped by higher-than-expected acres.

Markets await USDA data dump, Eurozone consumer prices continue to rise and H&P numbers firm just slightly...

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Quiet trade is expected ahead of USDA’s Prospective Plantings and Quarterly Grain Stocks Reports at 11 a.m. CT.

Price action was relatively quiet in the grain and soy markets overnight as traders await key USDA report data later this morning.

Data was mostly neutral and shouldn’t have a direct impact on trade Friday.

After the Bell | March 30, 2023

More U.S. corn to China | State of U.S. dairy industry | Ag checkoffs | FAPRI vs CBO

Grain and soy futures are expected to open with a firmer tone this morning on support from HRW crop concerns and bullish corn export demand news as there was another daily corn sale to China.