The USDA's latest crop progress report indicates strong advancement in the harvest of major crops, with corn and soybeans making significant strides.

Argentina's total production of grains and oilseeds in the 2024-25 season is projected to increase 9.3% from the previous year's crop, according to the Rosario Grain Exchange (BCR)

Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 11, according to data released by Argentina’s agriculture secretariat on Wednesday September 18

The USDA's latest report shows US corn crop ratings at 65% in good-to-excellent condition, surpassing analyst expectations, while soybean ratings slightly declined.

Fastmarkets has corrected its assessment of the AG-SYB-0022 Soybean FOB US PNW $/mt, which was published incorrectly on Wednesday August 21.

Fastmarkets has corrected its assessment of the AG-SYB-0082 crush margin, US soy M1, which was published incorrectly on Monday August 12.

The USDA raised US soybean 2024/25 crop output estimates to 4.6 billion bu, surpassing previous records and market projections.

Sales of Argentine soybeans and corn rose for the 2024/25 marketing year but fell for 2023/24 in the week to July 31, while wheat sales increased week on week across both crop years, according to data released by Argentina’s agriculture secretariat on Wednesday August 7.

Speculators increased short positions in the US soybean market, driving the net short position close to a record high, while managed money investors reduced short positions in the corn market.

Fastmarkets has corrected its crush margins US soy, $c/bu, which was published incorrectly on July 19.