Below is AgWeb's full coverage of the March 30 Prospective Plantings and Grain Stocks reports. Check back to see more news and commentary of the data.
News & Analysis
USDA: Corn Stocks Still Tight
Old-crop corn stocks continue to be tight, but soybean and wheat stocks remain plentiful, according to USDA's latest Grain Stocks report.
Corn Stocks Still Tight
Soybean and wheat stocks remain plentiful, however.
Weigh Options Before Changing Planting Decisions
If you're thinking about switching from corn to soybeans in the coming weeks, margins expert Chris Barron offers a few things to consider.
Bullish Grain Stocks, Soybean Acreage Headline Reports
Although Friday’s report did reveal a bearish new crop corn acreage figure, it was the new crop soybean acreage estimate as well as bullish grain stocks figures that stole the show.
Gulke Audio: Total Acres Come Up Short
Following USDA’s March 30 report, Jerry Gulke says about 3 million acres are missing from the total predicted acres. Gulke says it’s now up to the market to entice those acres into the right crop.
With Good Weather, Corn Planters Keep Rolling
When corn growers start planting this spring, they'll probably keep planting corn until they've seeded nearly 96 million acres.
AgWeb Radio: Midday Commentary 3-30-12
Kevin Van Trump of Farm Direction said the reports' biggest surprise was the drop in soybean acres, causing prices to trade up the limit. Old-crop corn trading up near the limit based on carry-over stocks
Utterback: Acreage Suprises Make Prices Explode
USDA is expecting soybean acres will be around 1 million less than last year. Market expert Bob Utterback explains what that will mean for this year’s grain prices.
AgWeb Radio: Opening Commentary 3-30-12
Tom Grisafi of Indiana Grain Company says the report numbers appear to be bullish. He is watching markets that are open and trade commodities and has noticed a 2%-4% rise in those markets.
Read what farmers are saying about today's reports. See:
Marketing Old Crop and New Crop 2012
Find out what tradersand others are saying about the reports on Twitter: AgWeb's Market Tweets
See how the reports are affecting prices. Visit the AgWeb Markets Center.
Prospective Planting Reports