US Crop Report Moves Brazil and Argentina Prices
8 Articles
8 Articles
With the silos of the United States filling with corn and soy, the market faces months of greater tranquility in demand, although bullish factors persist; what coverage opportunities appear for the Argentine producer
The United States Department of Agriculture (USDA) raised the harvest estimate in that country, the world’s largest producer. Operators expected less production to be announced.Wheat also dropped.
USDA raises 2026-27 US corn outlook, boosts ethanol use forecast and cuts price projection
The US Department of Agriculture (USDA) has raised its forecast for corn use in ethanol production in the 2026-27 marketing year while lowering its projection for season-average prices received by farmers, reported Ethanol Producer Magazine, citing a World Agricultural Supply and Demand Estimates (WASDE) report released on October 9. The USDA now expects 5.65 billion […] ChiniMandi
USDA's high forecasts press the prices of US crops at a time when farmers face the trigger of diesel prices and other high costs. Around 14h42 in Brasilia, the soy contract with maturity in November fell 0.45%, in US$ 12.81. Already the corn with maturity in [...]
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