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USDA's March WASDE left US ending stocks for soybeans, corn and wheat unchanged at 350 million, 2.127 billion and 931 million bushels. USDA cut Argentina's corn and soybean output on dry weather and raised Brazil's corn estimate by 1 million tons.
Unchanged US balance sheets gave little price reaction, while Argentina's cut modestly supports South American export expectations.
brownfieldagnews.comJohn PerkinsApr 1, 2026After 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 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 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.
