March 31 USDA Reports Commentary
March 31 USDA Reports
March 31 USDA Reports
Closing Comments March 30, 2026
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Export Shipments Report March 30
Last week’s wheat export shipments pace was estimated at 13.4 MB. After 43 weeks, wheat shipments were at 83% of USDA’s expectations vs. 77% last year. With 19 weeks left in wheat’s export marketing year, shipments need to average 17.1 MB to make USDA’s projection of 900 MB. Last week’s corn export shipments pace was […]
Export Shipments Report March 30
Last week’s wheat export shipments pace was estimated at 13.4 MB. After 43 weeks, wheat shipments were at 83% of USDA’s expectations vs. 77% last year. With 19 weeks left in wheat’s export marketing year, shipments need to average 17.1 MB to make USDA’s projection of 900 MB. Last week’s corn export shipments pace was […]
SDRP Stage 1 Quality Losses – New App Available
When the SDRP Stage 2 sign-up started, the rule was that if you had a crop insurance payment that trigged a Stage 1 payment, you could not collect in Stage 2 for quality losses. That has been changed. There is now a “SDRP Relief Program Stage 1 Application for Quality Losses.” This is intended to […]
SDRP Stage 1 Quality Losses – New App Available
When the SDRP Stage 2 sign-up started, the rule was that if you had a crop insurance payment that trigged a Stage 1 payment, you could not collect in Stage 2 for quality losses. That has been changed. There is now a “SDRP Relief Program Stage 1 Application for Quality Losses.” This is intended to […]
March Cattle on Feed Report
The March COF reports numbers were: On Feed: 99.8% (0.5% higher than expected), Placed: 103.7% (3.5% higher than expected) and Marketed: 93.2% (0.6% higher than expected). For feeders, the report was negative for the front months but friendly for the deferred contracts as cattle were just placed early. For live cattle, the report was friendly […]
March Cattle on Feed Report
The March COF reports numbers were: On Feed: 99.8% (0.5% higher than expected), Placed: 103.7% (3.5% higher than expected) and Marketed: 93.2% (0.6% higher than expected). For feeders, the report was negative for the front months but friendly for the deferred contracts as cattle were just placed early. For live cattle, the report was friendly […]