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CBOT Trends-Wheat down 4-6 cents, corn down 1-3 cents, soy up 3-5 cents

ReutersMar 30, 2026 1:06 PM

- The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday:

WHEAT - Down 4 to 6 cents per bushel

  • CBOT wheat Wv1 eased after touching a one-week high on Friday.

  • Traders await the release of the U.S. Department of Agriculture's (USDA) prospective plantings and quarterly grain stocks reports on Tuesday.

  • USDA is expected to report U.S. wheat stocks were at 1.310 billion bushels as of March 1, up from 1.237 billion bushels a year ago, according to a Reuters poll of analysts.

  • Analysts estimate U.S. wheat plantings of 44.786 million acres, compared with 45.328 million in 2025.

  • Traders monitored dryness in the U.S. Plains growing area.

  • CBOT May soft red winter wheat WK26 was last down 5-1/2 cents at $5.99-1/2 per bushel. K.C. May hard red winter wheat KWK26 was last down 9-1/4 cents at $6.23-1/2 a bushel, and Minneapolis May spring wheat MWEK26 was 5 cents lower at $6.43-1/4 per bushel.

CORN - Down 1 to 3 cents per bushel

  • The USDA report is likely to show that U.S. corn stocks were at 9.104 billion bushels as of March 1, up from 8.147 billion bushels a year earlier.

  • Analysts estimate U.S. corn plantings of 94.371 million acres, compared with 98.788 million acres last year.

  • The Iran war upended U.S. farmers' planting intentions, resulting in fewer acres of corn and spring wheat, analysts said.

  • Exporters sold 145,000 metric tons of U.S. corn to unknown destinations, USDA said.

  • CBOT May corn CK26 was last down 1 cent at $4.61 per bushel.

SOYBEANS - Up 3 to 5 cents

  • USDA is expected to report U.S. soybean stocks were at 2.067 billion bushels as of March 1, compared with 1.911 billion a year earlier.

  • Analysts estimate plantings of 85.549 million acres, up from 81.215 million acres last year.

  • The Trump administration on Friday ordered U.S. refiners to blend a record amount of biofuels into their gasoline and diesel this year and next.

  • Grain and oilseed prices have broadly tracked fluctuations in crude oil during the Iran war, underscoring the role of corn and soyoil in biofuels. Oil prices extended gains on Monday.

  • In Brazil, farmers harvested 75% of their 2025/26 soybean crop as of last Thursday, AgRural said.

  • CBOT May soybeans SK26 were last up 3-1/2 cents at $11.62-3/4 per bushel.

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