As expected, there's to be an increase in corn plantings this spring, the United States Department of Agriculture estimated in its prospective planting report released on March 31. As well, the USDA reduced soybean and all wheat plantings.
More corn to be seeded, USDA forecasts
CBOT Weekly: USDA plantings, stocks reports out March 31
Corn should be the winner in both reports
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.
Brazil continuing to expand its soybeans
Attache calls for record output, exports
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.
CBOT Weekly: Weather takes some attention off of tariffs
Forecasts, soil conditions affect prices
Weather and soil conditions have taken some of the focus off of tariffs at the Chicago Board of Trade during the week ended March 19, 2025.
U.S. grains: Chicago grains down on U.S.-Russia call, planting intentions
Chicago wheat futures traded both sides of unchanged on Tuesday, holding near a March high underpinned by concerns over U.S. crop conditions. Traders also awaited the outcome of a call between the leaders of the U.S. and Russia over the war in Ukraine.
Pulse Weekly: Manitoba conditions on the right track
MPSG executive director more worried about tariffs than growing conditions
With six weeks left until the start of seeding, Manitoba Pulse and Soybean Growers executive director Daryl Domitruk said there are no "red flags" to be seen in current conditions.
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
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.
Brazilian tour proves fruitful for Alberta farmers
Farming Smarter tour shed light on farming practices in South American agriculture powerhouse
Reading Time: 6 minutes Farming Smarter gives 20 Alberta farmers the opportunity to tour Brazil’s agricultural centres for a look at how the South American agriculture powerhouse has grown into a top nation in world production.
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.