The upcoming May WASDE reports may reflect optimism for corn futures as bushels' average continue to rise while soybean is expected to drop slightly.
USDA remained confident with last month's quarterly grain stocks on a positive note. However, last week was different with soybeans and corn on a low.
Corn shook up the agricultural stock market, ending with a massive close at 175 million bushels for exports and 2.127 billion bushels for ethanol.
The weather influences the fate of agriculture across America. While others remain barren, the continuous blizzard weighs down the Northern plains.
Stocks of US wheat took a turn, attributing it to the winter season and La Niña. Canada's wheat stocks look promising, making the most out of...
The grain inventory remains positive with corn production racing against soybeans. With La Niña talks, planting delays could lead to less grain production.
US soybeans production struggle to keep up with inventories. Despite a drop in numbers, Brazilian and Argentinian production keep soybeans fear at bay.
Aside from cocoa, the soybean and soybean meal market also experienced a decrease last week.
From 1.51 million tons in June, Malaysia's palm oil production in July increased to almost 1.83 million tons.
All positives for the corn market and not so much for soybeans.