# Grains Report 03/28/2024 - Market InsightsMarket Insights

> US Department of Agriculture weekly export sales for the week ended March 21 showed 339.6 thousand metric tons of wheat, 1,206.5 thousand tons of corn, 263.9 thousand tons of soybeans and 127.3 thousand tons of soymeal in net sales. Analysts also published estimates for March 1 quarterly grain and soybean stockpiles ahead of the USDA release.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/31242-grains-report-03-28-2024-market-insightsmarket-insights
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong corn and soybean export sales signal solid foreign demand that supports prices into the new crop. The pending stockpile report could move prices if USDA numbers differ sharply from trade estimates.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-24 | [Grains Report 01/24/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/6893-grains-report-01-24-2025-market-insightsmarket-insights.md) | -0.2% | +3.3% |
| CORN | 2024-12-27 | [Grains Report 12/27/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/10455-grains-report-12-27-2024-market-insightsmarket-insights.md) | -0.5% | +5.6% |
| CORN | 2025-08-05 | [Grains Report 08/05/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/23372-grains-report-08-05-2025-market-insightsmarket-insights.md) | -0.5% | +2.8% |
| CORN | 2022-03-14 | [Oil Market Report - March 2022 - IEA](https://feedsoft.ai/events/5992-oil-market-report-march-2022-iea.md) | +1.1% | +10.2% |
| CORN | 2024-03-21 | [Grain Transportation Report, March 21, 2024](https://feedsoft.ai/events/16559-grain-transportation-report-march-21-2024.md) | -3.0% | -7.2% |
| SOY | 2025-01-24 | [Grains Report 01/24/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/6893-grains-report-01-24-2025-market-insightsmarket-insights.md) | -2.0% | -2.4% |
| SOY | 2024-12-27 | [Grains Report 12/27/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/10455-grains-report-12-27-2024-market-insightsmarket-insights.md) | -0.7% | +5.8% |
| SOY | 2025-08-05 | [Grains Report 08/05/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/23372-grains-report-08-05-2025-market-insightsmarket-insights.md) | +2.1% | +5.9% |

## Sources

- blog.pricegroup.com: https://blog.pricegroup.com/2024/03/28/grains-report-03-28-2024/

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