Growers focus on dry weather and shrug off U.S.-China trade woes.
When you think about crop production in the U.S., the big three are corn, soybeans and wheat—in that order. One crop that garners only a modest number of acres but
Soybean production is projected at 3,880 million bushels, up 80 million due to increased harvested area. Harvested area, forecast at a record 83.0 million acres in the June 30 Acreage
Canadian farmers planted nearly 50% more lentils and also planted more soybeans, but spring wheat acreage fell, according to a June 29 Stats Canada Principal Field Crops Area reports.
Soybean ending stocks for 2015/16 are projected at 370 million bushels, down 30 million from last month. Ending stocks for 2016/17 are reduced 45 million bushels to 260 million on
France’s winter rapeseed production may slide to a three-year low this year as crops were hit by insect infestations and as cool, cloudy conditions threaten to reduce yields.
Soybean production is projected at 3,800 million bushels, down 129 million from the 2015 crop on lower harvested area and trend yields. Supplies are projected at 4,230 million bushels, up