Expectations for a record large corn harvest in the United States this year are overhanging the futures market, which should keep values under pressure through the harvest season.
“We have a lot of corn out there”
Corn at 188.8 bu./ac. soybeans at 53.6 bu./ac.
Manitoba’s lack of rain is stressing crops, fuelling pest pressure and slicing yield potential in soybean and pea fields
U.S. grain, soybean prices to go lower: analyst
Grain prices approaching seasonal lows
If soybeans fall under $10, corn to slip below $4
Lack of grain fill, short crops and premature ripening are starting to show up in Manitoba fields where little rain has fallen since the start of May
Larger U.S. crop offset by reductions elsewhere
USDA report, trade tensions pressure markets