Brazil’s equivalent of the USDA sees that nation’s already record large corn crop getting bigger. CONAB now sees the combined corn crop at 127.767 million tons, 1.6% above the June guess and 12.9% more than 2022 due to higher planted area and better growing... Read More.
The USDA is projecting a bigger rice crop, while leaving their guess for cotton unchanged. The 2023 rice crop is now estimated at 201 million hundredweight, an increase of 8.3 million from June and 40.6 million from 2022. That rise followed an increase in... Read More.
The USDA has increased its expectations for this year’s winter wheat crop. As of June 1st, winter wheat production is projected 1.136 billion bushels, up 1% from the May guess and 3% from 2022, with an average yield of 44.9 bushels per acre, 0.2... Read More.