Photo: File

USDA forecasts record soy, bumper corn crops

Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected by analysts. USDA forecast a […] Read more



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Ukraine corn production seen falling this year

London | Reuters – Ukraine’s corn production and exports are expected to fall this year with yields set to fall after extreme heat while crops were sown in April, Mykola Gorbachov, president of the Ukrainian Grain Association (UGA) said on Wednesday. “During the planting time in April we had really hot weather,” he told the […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

StatCan expected to raise barley crop estimate

MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more