Latest USDA report supportive for corn; neutral to bearish for soybeans, wheat

Latest USDA report supportive for corn; neutral to bearish for soybeans, wheat

Geopolitical risks, weather issues may create volatile grain and oilseeds markets this summer

Recent weather suggests Ontario planting will occur in line with the five-year average or slightly later. A later planted crop tends to result in lower yields. Quick lookSoybeans: Ontario soybean production is expected to reach 4.031 million tonnes.Corn: Leafhopper damage has lowered Argentine yield forecasts.Wheat: European production will be lower and there are quality concerns. […] Read more