Soybeans Up, Corn and Wheat Down: USDA Planting Update

The USDA’s latest forecasts present a nuanced picture of U.S. agriculture, showing a modest 3% increase in soybean planting for the 2024–25 season, reaching 35.01 million hectares. While in line with market predictions, this growth falls below the USDA’s earlier estimate of 35.41 million hectares. In contrast, corn and wheat plantings see reductions. Corn acreage […]

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