The Hightower Report said, “Old crop corn prices ended higher while new crop closed near unchanged today following the USDA report. The USDA stocks number came in exactly on the Reuters average guess, but the acreage figure was nearly a million higher than expected although many analysts were leading toward a larger average number already.” Austin Schroeder at Barchart.com said, “Grain Stocks from this morning showed 8.151 billion bushels of corn on hand as of March 1, which was in line with trade estimates. That was also down 201 mbu from the same time last year. Corn acreage was tallied at 95.326 million acres according to the NASS survey of producer intentions, which is above the 94.4 million acre estimate but within the range of estimates. If realized that would be a 4.732 million acre increase yr/yr.”