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Soybeans rose on short covering and technical buying while corn and wheat fell after the quiet March WASDE. USDA cut Argentina's crop on dry weather and raised Brazil and Ukraine corn output.
China imported 12.56 million tons of soybeans in January and February, below year-ago levels.
Lower Argentine and Brazilian corn supply tightens the global picture slightly, but weak Chinese import pace and soyoil pressure from crude cap soybean gains.
brownfieldagnews.comJohn PerkinsMar 10, 2026After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
