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USDA left 2024/25 U.S. corn and soybean ending stocks unchanged in the March WASDE while leaving South American new-crop estimates alone. The agency cut world corn carryover by 1.4 million tons and lowered China's corn imports by 2 million tons.
Unchanged U.S. balance sheets keep the domestic corn and soybean outlook steady, but lower global corn carryover and China import estimates are mildly supportive for corn export prices.
agweb.comMar 11, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
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.
