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March 31, 2025

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.

March 31, 2025

Monday Morning Wake Up Call

Soybeans saw modest strength overnight while corn and SRW wheat traded near unchanged.

White House mulls farm aid as Trump escalates global tariff fight | Disaster aid | Rollins in Iowa | Trump ‘very angry’ at Vladimir Putin

Soybeans saw strength during most of the overnight session, corn pivoted near unchanged while wheat saw relative weakness, particularly HRW contracts.

Employment report | Prospective Plantings | Grain Stocks | USAID | Court battles