South American Crop Sizes a Key Focus in WASDE -- Market Talk

Dow Jones

2025/03/11

1009 ET - Today's WASDE is expected to make only small changes to the outlook for U.S. corn, soybeans, and wheat crops--this while making bigger adjustments to South America's crops, AgResource says in a note. The firm adds that today's report may not give much of an indication on how tariffs change demand flows for U.S. crops, but it ought to include sizable changes to how large Brazilian and Argentine crops are--impacting how much supply may hit the export markets and force prices lower. The WASDE report is due out at noon eastern time. Most-active corn is up 0.7%, soybeans rise 0.5%, and wheat falls 0.8%. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

March 11, 2025 10:09 ET (14:09 GMT)

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