The USDA Quarterly Stocks and Planting Intentions reports will be released at 11 a.m. on Tuesday. Grain traders are expecting more acres than last year. “Estimates for U.S. corn acres are around 94 million and soybean acres around 84 million acres,” said Joe Vaclavik, president, Standard Grain. “A lot of times, the bigger surprises are the stocks numbers. Corn, soybean and wheat stocks should be lower than one year ago.”
