Analyzing the Impact of USDA's Quarterly Reports on Grains and Livestock Futures Markets

Thursday, 28 March 2024, 15:35
In the wake of the USDA's Quarterly Stocks and Prospective Plantings reports, the latest data shows May corn prices rising by 3 cents per bushel, while May soybeans dipping by 8 1/4 cents. Furthermore, May KC wheat prices are up by 5 1/4 cents, May Chicago wheat prices by 3 3/4 cents, and May Minneapolis wheat prices by 2 3/4 cents. These updates signal potential shifts in the commodities markets that traders and investors need to be aware of.

Updates on Grains and Livestock Futures Markets

OMAHA (DTN) --Ahead of the USDA's Quarterly Stocks and Prospective Plantings reports, May corn is up 3 cents per bushel, May soybeans are down 8 1/4 cents, May KC wheat is up 5 1/4 cents, May Chicago wheat is up 3 3/4 cents, and May Minneapolis wheat is up 2 3/4 cents.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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