Dale Johnson, Farm Management Specialist
University of Maryland
Information from USDA WASDE report
Attached is the summary for the March 2021 WASDE report.
The March WASDE estimates for corn, soybeans, and wheat all remain unchanged from the February estimates.
Corn
March corn futures prices have trended sideways since the February 9 WASDE report and are trading in the $5.50s/bu. range today.
Soybean
March Soybean futures prices have trended upwards from 14.02/bu. on February 9 to peak on February 8 at $14.54/bu. contract high and are trading in the $14.40s/bu. range today.
Wheat
March Wheat futures prices trended upward to a high of $6.84/bu. on February 24 but have back off since then and are trading in the $6.50s/bu. range today.
