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Farm Progress reports that U.S. corn, soybean and wheat ending stocks held steady in the March WASDE, against expectations of minor changes. Corn futures fell more than 1% after the report while soybeans rose, and Argentine production cuts were offset by higher Brazilian output.
Steady balance sheets and offsetting South American revisions leave corn bearish-leaning and soybeans supported, with attention shifting to the March 31 Prospective Plantings report.
farmprogress.comBen PotterMar 10, 2026After 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 747 past bullish report events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), 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.
