# Uneventful March WASDE was the boost grain markets needed - Agweek | #1 source for agriculture news, farming, markets

> Agweek analyst Allison Thompson described the March WASDE as relatively quiet and leaning bearish, yet grain prices rose afterward. U.S. corn and soybean ending stocks were unchanged, with corn exports running 33% ahead of last year and ethanol about 5% higher.

- Date: 2024-03-15 · published 2024-03-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31134-uneventful-march-wasde-was-the-boost-grain-markets-needed-agweek-1-source-for
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong corn export and ethanol demand underpin prices even though the report was neutral, and the post-report rally suggests other forces are supporting the market.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- agweek.com: https://www.agweek.com/business/markets/uneventful-march-wasde-was-the-boost-grain-markets-needed

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.