Reading Time: 2 minutes March 31 will be a busy day in the commodities market with the United States Department of Agriculture scheduled to release two major reports. At 11 am CDT on that Monday, the USDA will issue its grain stocks as of March 1 report along with its prospective plantings estimates for this spring.
CBOT Weekly: USDA plantings, stocks reports out March 31
Corn should be the winner in both reports
Modest corn production increases for Mexico, South Africa
Both countries face challenges to greater output
Reading Time: < 1 minute Corn production in Mexico and South Africa are expected to increase in 2025/26, according to the United States Department of Agriculture attachés in Mexico City and Pretoria.
Brazil continuing to expand its soybeans
Attache calls for record output, exports
Reading Time: 2 minutes With Brazil's planted and harvest soybean area to expand by 900,000 hectares in 2026, the United States Department of Agriculture attaché; in Brasilia forecast production to increase 3.50 million tonnes at record 173 million.
ICE Canada Weekly: Canola approaching uncertainty
Reading Time: 2 minutes As canola futures try to regain the ground lost during the week of March 10, the longer term outlook for the oilseed is very unknown, according to risk advisor and trader John De Pape of The Trading Floor.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Reading Time: < 1 minute Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.
Feed grains weekly: Looming tariffs scaring away demand
Feed market is ‘wait and see’ says broker
Reading Time: < 1 minute Ongoing tariff uncertainty continues to curtail demand in the feed sector across the Canadian Prairies, said broker Evan Peterson of JGL Commodities in Saskatoon.
CBOT Weekly: Prices expected to slowly recover
Unless tariffs throw a wrench into things
Reading Time: 2 minutes Corn and soybean futures at the Chicago Board of Trade are expected to slowly recover by the end of March, said broker Ryan Ettner of Allendale Inc. in McHenry, Ill. However, the tariff policies of the Trump administration could easily redirect that trend.
U.S. wheat sees most notable changes in March S/D report
Reading Time: 2 minutes No change was the central theme to the March supply and demand report from the United States Department of Agriculture issued on March 11. In most categories of the World Agricultural Supply and Demand Estimates (WASDE), the USDA kept the same data as in its February report.
Pulse Weekly: China includes peas in tariff threat
India extends duty-free period on yellow pea imports
Reading Time: 2 minutes Canadian yellow peas were hit with bad news on March 7, but the pulse received good news on March 10. In the bad news, China announced that Friday it's prepared to impose 100 per cent tariffs on its pea imports from Canada effective March 20, as well as imports of canola oil and canola meal. Plus there are to be 25 per cent levies on imports of Canadian pork and aquatic products.
Prairie Wheat Weekly: Prices either side of steady
Trump tariffs pressuring U.S. wheat prices
Reading Time: 2 minutes Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.