WASDE lowers corn yield with limited impact on STU

Despite the estimated impact of the derecho event last month, the 2020/21 U.S. corn crop still looks to be one of the largest on record. With a minor boost to beginning stocks, total supply is projected to increase 8 percent over last year and [...]

Soybeans galore for 2018/19

USDA increased soybean yield once again to a record 53.1 bushels per acre (bpa). This increase, together with larger beginning stocks, left 2018/19 ending stocks projected at 885 million bushels, the largest ending stocks on record. The soybean fundamental picture remains bearish as long [...]

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