# TFM Morning Update 03-21-2023 - Total Farm Marketing by Stewart-Peterson

> Wheat, corn and soybean futures moved lower overnight, with SRW wheat down 3 cents and corn down 3/4 cent. Year-to-date, nearby SRW wheat is down 11.9%, corn is down 6.8%, and soybeans are down 2.3%.

- Date: 2023-03-21 · published 2023-03-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/13662-tfm-morning-update-03-21-2023-total-farm-marketing-by-stewart-peterson
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

These are routine daily price moves without a new fundamental cause, so they give little direction for feed buyers beyond the existing trend. Brazil's showers are expected to support safrinha planting.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- totalfarmmarketing.com: https://www.totalfarmmarketing.com/tfm-morning-update-03-21-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.