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The U.S. Crop Watch producers are very happy with their corn and soybean fields at this early stage, though the main Corn Belt could remain dry through early June, potentially concerning for some locations. ....
Chicago December corn futures on Wednesday traded below $5 per bushel for the first time since 2021, supportive for those who believe new-crop corn has already inked its yearly high. ....
The U.S. Crop Watch farmers have mostly wrapped up their planting except for in North Dakota, where recent rains have already reduced the producers’ corn acreage plans. ....
Drought coverage in the continental United States this week fell to the lowest levels since June 2020, but dryness has escalated in the western Corn Belt, where subsoil moisture reserves are below a year ago. ....
Chicago-traded November soybeans have shed more than 11% since the start of the year, more than in most years, though not all market participants are convinced the highs are in. ....