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This March 26, 2025, briefing covered overnight grain and soybean trading, USDA’s latest frozen red-meat inventory figures, and a dated fire-danger forecast for eastern Nebraska and parts of Iowa. Its market prices and weather details are historical, not current conditions.
What moved grain and soybean markets on March 26?
Successful Farming reported that grain and soybean futures were little changed overnight as investors weighed uncertainty around a reported maritime ceasefire between Russia and Ukraine. The article said the countries had agreed to halt maritime activity and stop strikes on energy infrastructure, while describing disputes over Russian conditions involving some bank, food and fertilizer sanctions. It also said Ukraine accused Russia of retreating from promises and that the ceasefire’s start was unclear. These are the article’s account on March 26, not independently verified terms of an agreement. Successful Farming’s March 26 briefing
The briefing attributed crop-weather outlooks to Commodity Weather Group. It reported that rain was expected to ease stress in 30% of Brazil’s safrinha corn areas that week, while a drier outlook for the following 6–15 days was expected to increase plant stress. Widespread rain was forecast in soybean-growing areas of Argentina, especially in the south and east. These were forecasts issued in the context of that dated report, not descriptions of current weather.
Reported overnight prices
The following levels and changes are those reported by Successful Farming for March 26, 2025; they are not current quotes. The article’s soybean sentence contains contradictory wording about the direction, so only the price level is included.
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| Contract or commodity | Reported price | Reported change |
|---|---|---|
| CBOT corn | $4.58¾ per bushel | Up 1¢ |
| May soybeans | $10.03 per bushel | Direction not stated here because the article’s wording conflicts |
| Soymeal | $294.90 per short ton | Down 20¢ |
| Soy oil | 42.53¢ per pound | Up 0.23¢ |
| May Chicago wheat | $5.43 per bushel | Down ¼¢ |
| Kansas City wheat | $5.67¾ per bushel | Down 1½¢ |
Source for the prices and dated forecasts: Successful Farming, March 26, 2025.
What did USDA report about frozen red-meat stocks?
USDA’s National Agricultural Statistics Service (NASS) reported 871.380 million pounds of frozen red meat in storage as of February 28, 2025. That was 879.534 million pounds at the end of January and 881.285 million pounds a year earlier. The report was released March 25. USDA NASS Cold Storage report
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| Measure | February 28, 2025 | January 31, 2025 | February 28, 2024 |
|---|---|---|---|
| Total frozen red meat | 871.380 million pounds | 879.534 million pounds | 881.285 million pounds |
| Frozen beef | 428.131 million pounds | Not stated in the cited report figures | Not stated in the cited report figures |
| Frozen pork | 423.137 million pounds | Not stated in the cited report figures | Not stated in the cited report figures |
| Other frozen red meat | 20.112 million pounds | Not stated in the cited report figures | Not stated in the cited report figures |
Other reported February 28 holdings included 390.421 million pounds of boneless beef, 83.605 million pounds of hams, 48.588 million pounds of pork bellies, and 19.459 million pounds of lamb and mutton. Figures are from USDA NASS’s 2025 Cold Storage report.
What the inventory figures measure
NASS describes Cold Storage as a monthly survey of food supplies held in commercial and public warehouses, reporting national and regional stocks at the end of the month. The figures are warehouse holdings—not total production, total consumption, or a direct measure of what is available at retail. About the NASS Cold Storage survey
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What was the March 26 fire-danger forecast?
Successful Farming reported “very high fire danger” that afternoon across much of eastern Nebraska and some Iowa counties. The article cited gusts up to 20 mph and relative humidity around 25%, possibly lower. It also reported scattered showers around the Quad Cities into the following day, no severe weather expected, and more precipitation later in the weekend. These details describe the March 26, 2025 forecast as reported at the time; they should not be used to assess present fire or weather risk. Successful Farming’s dated weather briefing
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