Highlights
First thing this morning the USDA will release its projections for 2025 crops and that includes the S&D with acres planted, yields, and price projections. The average estimate for tomorrow’s acreage numbers are 93.6 million for corn, 84.4 million for soybeans, and 46.7 million for wheat.
Drew Learner, Senior Agricultural Meteorologist at World Weather expects drier than normal weather for Brazil’s safrinha corn:
“While monsoon precipitation is expected to prevail through March and into April, the intensity and distribution of that rain will be less than usual. Such conditions could lead to soil moisture shortages at times and a little crop stress. It will be imperative for rain to fall in a timely manner over the next several weeks. That part of the forecast may verify for many areas, but the amount of rain will be lighter than usual and that raises a potential issue for the reproductive season.”
Read his full report at: