The USDA predicted corn planting intentions at 95.34 million acres, which is down from 98.79 million acres U.S. farmers seeded last year. Photo: Fotokostic/Getty Images Plus

CBOT Weekly: USDA predicts declines in planting intentions

Reading Time: 2 minutes Declines in projected planting intentions for 2026/27 were not as big as the market expected, after the United States Department of Agriculture released its estimates on March 31. The USDA also issued its quarterly grain stocks report with stocks for soybeans bigger than anticipated, while those for corn were smaller and wheat virtually matched the average trade guess.







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Prairie CWRS wheat bids mixed

Reading Time: < 1 minute Canada spring wheat bids were mixed during the week ended March 17, as the United States futures traded in a wide range and the Canadian dollar weakened. General uncertainty in the world markets due to the escalating conflict in the Middle East accounted for some of the choppiness in the wheat market.