Poland is trying to move Ukraine grain by rail due to Russia’s blockade of Ukrainian sea ports on the Black Sea.  Photo: IanChrisGraham/iStock/Getty Images

U.S. corn, soybean, wheat yields to rise in 2024/25

More soybean acres; corn and wheat area to drop

Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.

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USDA June soybean crush seen at 175.5 million bushels

If estimate realized, would be smallest monthly crush since September

Chicago | Reuters – U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report. If the estimate is realized, it would be down from the 189.3 million […] Read more






(Dave Bedard photo)

ICE weekly outlook: Canola watching U.S./China spat

CNS Canada — ICE Futures Canada canola contracts moved steadily higher over the past week as grain markets reacted to a mounting trade dispute between China and the U.S. While no sanctions are yet in place, the back-and-forth sabre-rattling between the two countries now includes proposed Chinese tariffs on U.S. soybeans, which weighed heavily on […] Read more