Corn futures continue to drift lower at midday, pulled down by improved weather forecasts which are calling for rainfall.
FAO-AMIS expects global corn production to increase by 3.8% to a record 1.26 billion tons during the 2025/26 season.
The Rosario Grain Exchange reported that Argentina could lose export business to the US if a trade agreement is made between the US, China and Vietnam.
Soybeans remain weaker at midday as weather patterns remain bearish this week.
The US and China are having trade talks in London today. An announcement on those discussions is expected later today or tomorrow.
According to China’s General Administration of Customs website, year-to-date Chinese soybean imports have fallen 0.7% to 37.108 mmt.
Brazil’s 2024/25 soy sales have reached 64% complete, down from 71.8% last year and below the 5-year average of 76.9% sold, according to Safras & Mercado.
All three wheat classes are trading lower at midday, pressured by weather forecasts showing rainfall moving back into the northern Plains.
The UN-FAO has lowered their global wheat stocks estimate by 6.8 mmt, to 310 mmt. If realized, this would be the lowest stockpile in the last 4 years.
SovEcon expects Russia’s wheat exports for the month of June to be down from 1.9 mmt last year to 1.7 mmt this year.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures remain slightly weaker at midday following yesterday’s gains. Harvest pace in South America is also contributing to the slight weakness.
Brazil’s Ag Ministry reported that corn exports during the month of May only reached 39k mt, down from 413k mt a year ago.
SovEcon has increased their corn production estimate for Ukraine by 1.5 mmt to 28.3 mmt.
Soybeans are leaning higher at midday on support from a warmer and drier weather outlook over the next 8-14 days.
The Buenos Aires Grain Exchange estimates that soybean harvest in Argentina has reached 88.7%, up 8% from last week.
Brazil’s Ag Ministry reported that the country’s soybean exports for the month of May reached 14.1 mmt, up from 13.437 mmt during the same period last year.
All three wheat classes are trading lower at midday pressured by a slightly higher dollar and a weaker corn market.
According to the UN’s Food and Agriculture Organization, global wheat stocks for the 2025/26 season are seen at 310 mmt, down from 316.8 mmt last season.
BAGE pegged wheat seedings in Argentina at 23.6% complete, up from 10.5% last week.
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Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures remain higher at midday on support from export sales as well as the US and China entering discussions regarding the ongoing trade war.
Weekly export sales for corn came in at 43 mb, which were in line with the average trade expectations. Year-to-date commitments total 2.564 billion bushels, up 27% from a year ago.
LSEG raised their safrina corn crop forecast to 127.4 mmt, which is still below the USDA’s estimate of 130 mmt.
Soybean futures have reversed higher at midday after President Trump confirmed he has spoken with China’s president and discussions were positive.
Weekly export sales for soybeans were at the bottom end of trade expectations, totaling just 7 mb. Year-to-date commitments total 1.788 billion bushels, up 12% from last year.
Anec estimates that Brazil’s soybean exports in June will be down 1.3 mmt to 12.55 mmt compared to last year. The group has also forecasted soybean meal exports for June to be down to 1.29 mmt compared to 2.05 mmt a year ago.
Wheat prices continue to trade higher along with the rest of the grain market at midday. Global production cuts are helping to keep support under the market.
Weekly export sales for wheat totaled 14 mb, which was at the low end of expectations. Year-to-date commitments are now at 782 mb, up 14% from a year ago.
LSEG has lowered their wheat production estimate for China by 1% to 141.7 mmt, due to drought conditions.
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Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures are getting some flow over support from Tuesday’s higher session. Weather forecasts for the second half of June are also turning drier, which is keeping support under the market.
Ethanol production increased to 325 million gallons, up from 310 million gallons last week and 3% higher from the same week last year. Ethanol stocks rose to 24.4 mb, up from 23.1 mb a year ago.
Ukraine’s Ag Minister estimates the countries corn output could be near 26 mmt. This compares to the USDA’s estimate of 30.5 mmt.
Soybeans and the rest of the soy complex are firm at midday on support from US and China’s scheduled negotiation talks today.
EU soybean imports for the 2024/25 season are at 12.94 mmt, up from 12.13 mmt last season.
Malaysia’s palm oil stocks are seen rising in May to 2.01 mmt according to a survey put out by Reuters. This would be the third straight month of higher stocks as production rebounds.
Chicago and HRS wheat remain higher at midday, supported by extended weather forecasts calling for warm and dry weather not only in the US but other countries as well.
LSEG’s wheat production estimate for Ukraine was left unchanged at 20.1 mmt, but mentioned drought risks across the country are increasing.
China has approved imports of coarse ground wheat and rye flour from Russia. This comes as concerns over production rise due to the country dealing with drought conditions.
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Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn continues to trade higher at midday, supported by short covering after a streak of lower trading for both July and December futures.
Monday’s Crop Progress report showed corn planting progressed 6% from the week prior to 93% complete. This is right in line with the 5-year average and ahead of last year’s pace.
AgRural has raised their corn production estimate for Brazil from 124.8 mmt to 128.5 mmt for the 2024/25 season.
Soybeans remain firm at midday as 17% of the soybean area in the US is currently under drought. This compares to just 2% of the area under drought this time last year.
Yesterday’s Crop Progress report showed soybean planting now sits at 84% complete, up 8% from last week and 4% higher than the 5-year average.
AgRural increased their soybean production estimate for Brazil to 169 mmt, up from 167.7 mmt in their previous estimate.
All three wheat classes are now trading higher at midday on support from drought conditions across the HRS growing area.
Yesterday’s Crop Progress report showed Spring wheat planting jumping 8% to 95% complete. This compares 93% complete during the same week last year and the 5-year average of 90% planted. Winter wheat conditions were seen improving 2% to 54% good-to-excellent.
The Australian Bureau of Agriculture and Resource Economics and Sciences has projected a 10% cut to the wheat output in the country to 30.6 mmt. The group cited dry conditions as the reason for the cut.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures are trading higher at midday, buoyed by double-digit gains in the wheat market.
However, Brazil’s ongoing harvest and a wet forecast across the Corn Belt this week may limit upside in the near term.
Geopolitical tensions are offering some support, as Russia and Ukraine ramp up attacks ahead of peace talks in Turkey — including a Ukrainian drone strike on Russian nuclear bombers over the weekend.
Soybean futures are lower on Monday, pressured by favorable Midwest moisture and stalled U.S.–China trade negotiations.
July crush margins fell to a two-year low at $1.26 per bushel, adding to market weakness.
Analysts estimate soybean planting progress reached 85%–88% in Monday’s Crop Progress report. Initial crop condition ratings are expected between 64% and 68% good to excellent.
Despite peace talks scheduled for this week Russia and Ukraine continued to step up attacks on the other, with a weekend drone attack by Ukraine hitting Russian nuclear bombers.
Monday’s Crop Progress report is expected to show a 1–2 point improvement in winter wheat ratings, with spring wheat also likely to rebound from last week’s 45% good-to-excellent reading.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures are mixed to slightly lower at midday, with December futures on pace for their sixth consecutive lower close.
An active pattern across the Corn Belt is bringing a near-ideal mix of rain and sunshine, setting up excellent early-season conditions for the quickly planted crop as it heads into mid-June.
Corn export sales for the week ending May 22 totaled 36.1 mb for 2024-25 and 1.2 mb for 2025-26. Shipments reached 62.9 mb, well above the 45.2 mb weekly pace needed to hit USDA’s 2.6 bb target. Total commitments now stand at 2.527 bb, up 28% from a year ago.
Soybean futures are lower at midday as favorable U.S. weather and lack of new news weighs on the market.
Soybean and soybean oil futures remain rangebound as the market awaits long-delayed updates to U.S. biofuels policy, particularly the Renewable Fuel Standard’s volume obligations.
U.S. soybean meal export sales for the week ending May 22 totaled 179,000 tons for the upcoming marketing year — over three times expectations and the 8th largest combined weekly total on record.
Wheat futures are mixed at midday, with winter wheat futures lower and spring wheat futures higher.
Tuesday’s Crop Progress report showed spring wheat rated just 45% good to excellent — the lowest initial rating since 2021 and well below expectations.
India’s ag ministry estimates this year’s wheat crop at a record 117.5 MMT, up 4 MMT from last year, making imports increasingly unlikely.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn continues to back off at midday, pressured by favorable growing conditions over the next 6-10 days.
The USDA announced that Mexico was a buyer of 104,000 tons of U.S. corn for delivery during the 2024/25 year. An additional 101,096 tons of U.S. corn were also sold to unknown destinations for delivery during the 2024/25 year as well.
The European Commission has cut their forecast for corn production from 65 mmt to 63.8 mmt.
Soybeans have reversed lower at midday on pressure from recent rainfall and a favorable weather outlook heading into June.
The U.S. trade court has ruled that many of President Trump’s global tariff policies were illegal and could have to be removed. The Trump administration has already filed a notice that they are planning to appeal the decision.
Malaysia is looking to implement the use of B30 biofuels in its transportation sector by 2030 as the country continues to increase its environmental sustainability efforts.
Wheat prices continue to trend lower at midday, pressured by overnight rains in Oklahoma and Kansas.
Sovecon has raised their Russian wheat export forecast for the 2025/26 season to 40.8 mmt, up from the groups previous estimate of 39.7 mmt.
The EU has slightly raised their total soft wheat production estimate from 126.3 mmt to 126.6 mmt.
Canada cut their wheat production estimate by 3% to 35.3 mmt due to dryness across the southern Prairies.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn futures are trending lower at midday, pressured by favorable growing conditions and beneficial weather outlook heading into the first part of June.
Yesterday’s Crop Progress report showed corn planting at 87% complete with 67% of the crop emerged. Initial crop ratings are seen at 68% good-to-excellent, which was below the average guess of 73%.
South Africa’s Crop Estimates Committee has lowered their corn production forecast slightly to 14.6 mmt, down 0.1% from their previous estimate.
Soybeans are seeing weakness at midday, pressured by recent rains and planting progress outpacing the 5-year average.
Yesterday’s Crop Progress report showed soybean planting has now reached 76% compared to the 5-year average of 68% at the same time. 50% of the crop has also emerged.
According to Anec, Brazil’s soy exports are now seen reaching 14.03 mmt in May compared to the group’s previous estimate of 14.52 mmt.
Wheat futures remain slightly higher entering midday as prices rebound following yesterday’s sell-off.
Yesterday’s Crop Progress report showed winter wheat conditions at 50% good-excellent, down 2 points from last week but 2 points higher from the same week last year. Spring wheat ratings are seen at 45% good-to-excellent, which was well below the average trade guess of 70%.
The EU’s soft wheat exports as of May 25th totaled 18.8 mmt, down 34% from a year ago.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.
Corn prices continue to trend weaker at midday, pressured by rainfall over the weekend and lower wheat prices.
Paran and Datagro have raised their corn production forecast for Brazil to 132.7 mmt, up from their previous forecast of 131.7 mmt last month.
EU corn yields are widely expected to be higher this season due to favorable weather conditions. Yields are expected to reach 7.45 mt per hectare compared to the 5-year average of 7.09 mt per hectare.
Soybeans have reversed lower at midday on pressure from the rest of the grain market, which is also weaker at midday due to rainfall over the weekend.
Datagro has raised their soybean production estimate for Brazil to 172 mmt, up from 171.2 mmt in their previous estimate.
Soybean acreage in India is reportedly set to shrink as farmers are looking to plant more corn and sugarcane due to higher returns. Lower oilseed output could force the world’s largest importer of edible oils to increase buying from other countries.
Wheat futures continue to drift lower after heavy rains moved through the Southern Plains over the holiday weekend.
Russia hit Ukraine with missile attacks over the weekend, leading President Trump to speak up on the possibility of further sanctions if peace talks aren’t negotiated.
According to the Rosario grains exchange, Argentina could be set to see their second-best wheat harvest for the 2025/26 season due to favorable weather and soil conditions for planting.
Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.
Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.