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3 big things today, March 28, 2025

1. Grain, soybeans in the overnight trade lower

Cereal and soybeans were in the overnight trade under disappointing export sales and demand cheap weather in US wheat growing areas.

The export sales of wheat fell at 100,300 tons during the week that ended on March 20, the US Agricultural Ministry announced yesterday in a report, said in a report. That is 65% of the previous four -week average by 65%.

Japan bought 72,000 tons from US inventories, Nigeria bought 53,400 tons and the Philippines bought 29,800 tons, said the agency.

Corn sales fell to 1.04 million tons by 31% week to a week.

Japan was again the big buyer at 415,300 tons, Mexico was 309,900 tons and Colombia bought 212,900 tons.

Soybean sales to buyers in overseas last week was 338,500 tons, 4% compared to the previous week and 28% compared to the previous four -week average, said USDA.

Mexico bought 260,900 tons of US beans, China was bought 86,200 tons for 202,300 tons and Japan.

In addition, the prices are forecast overnight to in parts of the East Mitternwest, in which soft red winter wheat grows, for the necessary rain.

The rainfall is expected in parts of Ost Oklahoma and Nord -Markansas from today to next Thursday, the national weather service said in a report this morning.

“Showering and isolated thunderstorms will increase in the southeast of Oklahoma with lower reporting on showers further north and east,” said NWS.

Wheat -Futures for the delivery of May fell overnight in the Chicago Board of Trade by 7 ½ ¢ to 5.24 ½ USD per bushel, while the Kansas City -Futures 11 lost up to 5.54 ½ ½ per bushel.

The Mais Futures fell by 4 ¢ to $ 4.46 per bushel.

Soybeans for the delivery of Mai dropped 4 ¢ up to $ 10.12 per bushel. Soymeal lost $ 2 to 292.50 per ton, and soybean oil fell by 0.11 ¢ to £ 44.16 per pound.

2. Hog, pig supplies on March 1st slightly below

Hog and pig inventories at the beginning of the month, according to a report by the AG department, declined closely both annually and quarterly.

The US herd on March 1 was a total of 74.5 million heads, compared to 74.7 million on the same date in the previous year and 1% compared to December 1, the agency said.

The breeding inventory fell 1% to 5.98 million heads compared to the previous year, which also decreased just from the previous quarter.

Market Hogs On March 1st, a total of 68.5 million heads, also after the previous year and 1% on Quarterly, said USDA.

From December to February, the pig harvest was 33.7 million heads, compared to 33.8 million heads in the same period in the previous year. In the same time frame, the sowing turned to 2.89 million heads, which corresponds to a decline of 1%.

From March to May, US pig producers will probably have 2.91 million sows Farrow, something compared to the previous year, and the intended farrowings for the quarter in the June -August -Quartal forecast with 2.96 million sows, which would decrease in the implementation of 1% annually, said USDA in his report.

3. Dry weather in Nebraska, West -Iowa, expected

According to the National Weather Service Maps, red flag warnings were spent on a large part of Nebraska and in some areas in other states.

In Ostnebraska and the counties in West -Iowa, up to 40 miles per hour will be maintained from 20 to 30 miles per hour and gusts this afternoon.

The relative humidity falls to around 25%.

In West Central Nebraska, the winds will decrease up to 35 miles per hour and the humidity decreases to 12%, said NWS.

Intensive winds are predicted to the east in central -illinois for today that 35–40 miles per hour are forecast, the agency said. A storm system will move to the area on Sunday and put potentially dangerous weather into the area.

“All severe dangers will be possible, including harmful wind gusts, large hail and tornados,” said NWS.

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