IGC maintains 2025/26 world corn and wheat crop forecasts

IGC maintains 2025/26 world corn and wheat crop forecasts

Larger U.S. crop offset by reductions elsewhere

The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.


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CBOT Weekly: Grain prices showing weakness

USDA report, trade tensions pressure markets

Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.

Close-up of a ripe cob or corn still on the plant with its husk pealed back to reveal its yellow kernels.

Argentine farmers plan to increase corn acres

Stronger prices for corn and lower export taxes likely influence seeding plans

Farmers in Argentina, one of the world’s top grain suppliers, are set to favor corn over soybeans in the upcoming 2025-26 season.



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USDA adjusts supply/demand estimates

Corn/soybean yields unchanged

Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.



CBOT weekly: USDA/weather in focus for corn and soybeans

CBOT weekly: USDA/weather in focus for corn and soybeans

Midwestern conditions favourable

Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.