# Grains Report 02/29/2024 - Market InsightsMarket Insights

> The weekly USDA export sales report for the week ended February 22 showed net wheat sales of 327.3 thousand metric tons and corn sales of 1,082.3 thousand, with soymeal at 456.2 thousand. Sorghum sales were 445.5 thousand and rice 60.9 thousand, and the commentary lists CBOT delivery intentions for the month of March.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/31705-grains-report-02-29-2024-market-insightsmarket-insights
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Solid corn and sorghum export commitments support US feed grain demand, while the data is a routine weekly update with limited new price signal.

## Read by commodity

- SBM: neutral
- CORN: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-30 | [Grains Report 01/30/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/32157-grains-report-01-30-2024-market-insightsmarket-insights.md) | -2.5% | -6.5% |
| CORN | 2025-09-04 | [Grains Report 09/04/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/22923-grains-report-09-04-2025-market-insightsmarket-insights.md) | -0.2% | +2.6% |
| CORN | 2021-11-29 | [Market Report - 29 November 2021 \| AHDB](https://feedsoft.ai/events/12236-market-report-29-november-2021-ahdb.md) | -3.0% | +0.6% |
| CORN | 2020-08-26 | [Coceral cuts EU grain harvest 2020 again market report](https://feedsoft.ai/events/51572-coceral-cuts-eu-grain-harvest-2020-again-market-report.md) | +1.5% | +7.0% |
| CORN | 2024-07-15 | [Arable Market Report – 15 July 2024 \| AHDB](https://feedsoft.ai/events/9372-arable-market-report-15-july-2024-ahdb.md) | -1.5% | -2.1% |
| SBM | 2024-12-05 | [Grains Report 12/05/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/27010-grains-report-12-05-2024-market-insightsmarket-insights.md) | -0.1% | +3.0% |
| SBM | 2019-12-06 | [Market Research Insights](https://feedsoft.ai/events/55877-market-research-insights.md) | -2.3% | -0.6% |
| SBM | 2025-10-09 | [DDGS Weekly Market Report - October 9, 2025 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/22516-ddgs-weekly-market-report-october-9-2025-u-s-grains-and-bioproducts-council.md) | +1.3% | +19.9% |

## Sources

- blog.pricegroup.com: https://blog.pricegroup.com/2024/02/29/grains-report-02-29-2024/

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