Good Morning,

 

REPORT DAY!

 

Nothing but today’s report on the mind of traders. Here are the estimates heading into the report:

 

March Quarterly Stocks (billion bushel)

March 2021 Ave. Est. March 2020
Corn 7.701 7.767 7.592
Soybeans 1.564 1.543 2.255
Wheat 1.314 1.278 1.415

 

Planting Intentions (million acres)

March 2021 Ave. Est. USDA 2020
Corn 91.144 93.208 90.819
Soybeans 87.60 89.996 83.084
Wheat 46.358 44.971 44.439

 

 

Check back after 11am to see where the numbers came in.

 

If you havent taken risk off ahead of today, I would suggest calling your buyer to get something done.

 

Have a Safe Day!

 

Garry Gard

920-348-6844

ggard@didionmilling.com