Dissecting USDA's Prospective Plantings Report

By Alan Brugler

DTN Contributing Analyst

The end of March and end of June USDA reports have reputations for big price moves and volatility. We got some truly big price moves, but very little volatility on Wednesday, March 31, following the Prospective Plantings and March 1 Grains Stocks reports, because corn and soybean futures locked limit-up right after the reports were released.

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