Daily International Grain Market View
USDA’s Prospective Plantings report yesterday showed U.S. soybean acres could reach record levels this year. That, if realized and assuming trendline yields, could bring a record-breaking production in 2022. But a rise in soybean acres, means fewer corn acres. Thus, on US farm markets, corn prices firmed moderately higher, while soybean prices tumbled. Particularly, corn prices […]
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