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Tidbits, Acreage Predictions, Argentina 3/25/24

Highlights


Sunday evening, Andrey Sizov reported a top Russian grain exporter claims that all its shipments have been halted by the Russian government.

 

Asian shares were slightly higher this morning as investors hope US inflation will not derail the outlook for lower interest rates. 

 

Thursday is the day the USDA will release its second most important data of the year. It is the Quarterly Grain Stocks (inventory) as of March 1st and its Planting Intentions Report.

 

Pro Farmer acreage predictions are compared to 2023:

  • Corn:  91.75 million acres, down 2.9 million, 3.1%

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