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USDA expects record soy production, corn yields

Chicago | Reuters – The U.S. Agriculture Department on Friday raised its outlook for domestic corn and soybean harvests by a more than expected amount due to good weather during key phases of development. The increased domestic projections, which pushed futures markets sharply lower, will boost the U.S. soybean stockpile to its biggest ever while […] Read more

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U.S. grains: Soybeans dip after weather-led gains ahead of USDA report

Chicago | Reuters – U.S. soybean futures retreated on Thursday after two sessions of gains in a profit-taking and position-squaring setback ahead of Friday’s U.S. Department of Agriculture monthly supply and demand report. Corn also slipped as traders moved to the sidelines ahead of the closely watched report, the first of the season to include field surveys […] Read more