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USDA adjusts supply/demand estimates

Corn/soybean yields unchanged

Reading Time: 2 minutes 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.



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

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

Midwestern conditions favourable

Reading Time: < 1 minute 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.