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3/27/26
Corn flat, Beans down 14, Wheat flat
Crude Oil-99.18 up 4.70
US Dollar-100.16 up .26
Dow Jones-45,190.32 down 769.79
The market was excited for Trump’s “Celebration of Agriculture” at the White House today. Trump promised farmers he would request additional farm relief in the next funding bill. Next Tuesday is the long-awaited Quarterly Grain and Planting Intentions Report. The trade will be looking for soybean acres to come in at 85.5 mln vs the Outlook Forum estimate of 85 and against last year’s 81.2 mln acres. Corn acres are expected to be 94.4 mln vs the Outlook Forum estimated 94 and against last year’s whopping 98.8 mln acres. It is time to start focusing on what is happening in the fields.
Brynna
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