The USDA's report on the quarterly grain stocks as of March 1st showed lower than expected volumes of soybeans and corn, with soybean stocks at 45.86 million tons and corn stocks at 187.99 million tons, both below the average market expectations. On the other hand, wheat stocks came in slightly above expectations at 25.74 million tons. These figures represent a decrease in soybean and corn stocks from the previous year, while wheat stocks have increased slightly since March 2022.