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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 falls to 95.3M acres (-3%) while soybeans rise to 84.7M (+4%). Wheat hits a record low 43.8M acres (-3%) and cotton climbs to 9.64M (+4%).

March 31, 2026

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

March 30, 2026

March 30, 2026