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USDA winter wheat production guess up on month

The USDA has increased its 2024 U.S. winter wheat production projection. The crop is now estimated at 1.341 billion bushels, up 4% from June partially because of a higher average yield guess, 0.6 higher at 52 bushels per acre, and 7% more than 2023... Read More.

CONAB’s Brazil second crop corn guess up on month

Brazil’s equivalent of the USDA has raised its second corn crop production projection. CONAB now sees that critical second crop at 90.007 million tons, up 2.1% from June as the harvest advances, but still down 12.1% from 2023 due to a lower overall yield... Read More.

CONAB increases Brazil’s second crop corn guess

Brazil’s equivalent of the USDA has raised its second crop corn production guess. CONAB now has that second crop at 88.116 million tons, up 2.3% from May due to solid early yield numbers in the states that saw better development weather, with 7.5% of... Read More.

USDA lowers Brazil soybean guess slightly

The USDA has lowered its outlook for Brazil’s soybean crop slightly. The crop is now seen at 155 million tons, 1 million less than in February, towards the high end of pre-report estimates, and considerably larger than most private projections, with CONAB’s update out... Read More.