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USDA adjusts supply/demand estimates

Corn/soybean yields unchanged

Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.



Soybeans mature near Brandon in fall 2024. Photo: Alexis Stockford

Critical growing season is ahead for soybeans

What the weather turns out to be in the United States is going to have a significant impact on Canadian producers’ prices

What the weather turns out to be in the United States is going to have a significant impact on Canadian producers’ prices




CBOT weekly: USDA/weather in focus for corn and soybeans

CBOT weekly: USDA/weather in focus for corn and soybeans

Midwestern conditions favourable

Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.