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

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.







Photo: Geralyn Wichers

Klassen: Feeder cattle market continues consolidation

For the week ending March 28, Western Canadian feeder cattle market once again traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were down $3-$6/cwt on average with fleshier groups dropping as much as $6-$10/cwt. Calves were quite variable across the Prairies due to limited numbers. There was strong demand for […] Read more