Price reactions to Prospective Plantings/Grain Stocks report.

Depending on the year, USDA's two late-March reports are released anywhere from the 28th - 31st. These charts show the change in price from the close the day before the report to the close the day of the report.

For July corn, there was a positive reaction in 9 of the past 15 years. The average of those gains is 18 cents. There was a negative reaction 6 times that averaged -17 cents.

For July soybeans, there was a positive reaction in 10 of the past 15 years. The average of those gains is 29 cents. There was a negative reaction 5 times that averaged -28 cents.

For July Chicago wheat there was a positive reaction in 9 of the past 15 years. The average of those gains is 16 cents. There was a negative reaction 5 times that averaged -14 cents. One year was unchanged.

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