Corn futures saw 1 to 2 1/2 cent losses in most contracts on Turnaround.

Estimates for this Friday’s Planting Intentions report are averaging 91.332 million corn acres, with a range of 89.5 to 92.7 million acres.

That would be up more than 2 million from last year if realized. Also estimate March 1 corn stocks at 8.335 bbu, a drop of 557 mbu from the same time a year ago.

USDA is unlikely to reflect grain lost to flooding in this report, as many bins are still unreachable, and the survey was done at the beginning of the month.