03/25/26 Afternoon CommStock Report – We Blew Up Brazil’s Corn Export Market

Temperatures warm up this week, showing 7 degrees above their historical averages in parts of the Midwest.  Southern Iowa soil temps have already reached 50 degrees while Northern Iowa soil temperatures are not far behind.  As the snow melted quickly over the weekend, the yard was too sloppy to load corn.  It should dry out quickly as most nearby temperatures are in the 60’s.  We are not naïve enough to think that colder temperatures cannot sneak back in at some point, but early indications show that temperatures should not be a limiting factor with respect to planting dates.   Rainfall is limited to the Eastern Cornbelt this week but expands across Iowa and the Northern Cornbelt as we head into April.  As we have covered previously, the highest rainfall is seen falling in the driest areas, Northern IL, IN, OH and Southern Michigan could see around 3″ in the next two weeks.  The Central Cornbelt sees around 1″ while Nebraska and Kansas see virtually nothing.  This is consistent with the forecast provided by Eric Snodgrass late last month.  Above average precipitation to the East with below average precipitation to the West.   Focus this week will fall on three things. …