USDA Report Reveals Tight Soybean Stocks and Mixed Results for Corn Futures
TL;DR Summary
USDA's Prospective Plantings and Quarterly Grain Stocks reports caused a surge in prices for many commodities, with corn and soybean prices up significantly. The reports showed an increase in corn and wheat plantings, while soybean stocks were lower than expected. The focus now shifts to weather, with planting looking difficult due to cold and damp conditions. Farmers are warned to be ready for price volatility throughout the summer.
- Jerry Gulke: USDA Report Equals Tight Soybean Stocks and Wiggle Room for Corn Agweb Powered by Farm Journal
- A Snapshot Of Today's USDA Data And A Look At How Funds Are Positioned. Barchart
- Quarterly Stocks & Prospective Planting Report - March 31, 2021 - The Andersons Trade Group andersonsgrain.com
- USDA Quarterly Grains Stock Bullish For Old Crop Corn and Beans: But Bigger Corn and Wheat Acres Confirmed Agweb Powered by Farm Journal
- Mixed Report Day For Corn Futures Barchart
- View Full Coverage on Google News
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