
USDA made minimal changes to its global corn and soybean stock estimates in the March WASDE released March 11. Analysts said the agency was holding off on changes until it had clarity on U.S. trade policy.
Traders are waiting for trade policy clarity before repricing corn and soybeans, so prices are expected to hold steady until new demand or tariff information emerges.
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 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.