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.

The USDA raised estimates for US soybean production 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.

Brazilian soybean exports maintained a robust pace in July, surpassing last year's figures, while corn shipments faced challenges in keeping up with demand.

Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.