Tidbits, Q&A: Lost Profit, Brazilian Crops, Crude & Fuel, ENSO, Export Inspections 3/10/26
- Wright team
- 2 hours ago
- 5 min read
Tidbits
The USDA will issue its March S&D at 11 AM Central time today.
There were new contract highs in the soy complex and also in a few deferred corn futures months amid crude oil spikes.
AgRural reports Brazil’s first corn harvest hit 42%, lagging the 54% seen a year earlier. Planting of Brazil's second corn crop reached 82%, compared with 92% a year earlier. While corn plantings in Mato Grosso have reached 94%, just shy of the 96% pace from a year ago.
Brazilian farmers had harvested 51% of their 2025/26 soybean crop as of last Thursday, up 12 percentage points from the previous week but below the 61% reported a year earlier. The pace remains the slowest since 2020/21.
"Attention is now focused on areas with a later harvest schedule, which have suffered from either a lack of rain or excessive rainfall," AgRural said.
Crude oil futures have traded above $100/barrel yesterday for the first time since late July 2022, with an overnight high of just shy of $120/barrel.
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