WASDE Report (US end stocks, end 2025/26, bln bushels): Corn 2.127 (prev. 2.143), Wheat 938 (prev. 921), Soybean 350 (prev. 348)
The WASDE report indicates a slight reduction in US corn end stocks alongside modest increases in wheat and soybean stocks.
Senior Lebanese official tells Reuters Lebanon is advocating for temporary ceasefire to allow for talks with Israel
Volkswagen (VOW3 GY) will stop producing the ID.4 electric crossover at its Tennessee assembly plant, WSJ reports
WASDE Report (US end stocks, end 2025/26, bln bushels): Corn 2.127 (prev. 2.143), Wheat 938 (prev. 921), Soybean 350 (prev. 348)
Dallas Fed Trimmed Mean PCE Price Index +1.8% in February (prev. 2.7% in Jan)
NATO Secretary General Rutte says NATO will be willing to play a role in a possible Strait of Hormuz mission if it is able to
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While the corn drawdown could support prices, the increases in wheat and soy may weigh on their respective markets. Traders should assess these adjustments against broader supply-demand dynamics and potential implications for commodity pricing and inflation expectations.
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