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USDA's March 2026 WASDE held 2025/26 U.S. corn, soybean and wheat ending stocks unchanged month over month. Soybean imports and crush were each raised 5 million bushels, and Argentina's crop production was cut.
A status-quo report with a lower Argentine crop is mildly supportive for soybeans, but higher global corn stocks and unchanged U.S. balances leave the broader grain price outlook largely unchanged.
agriculture.comCassidy WalterMar 10, 2026After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
