Soybeans were modestly lower on fund and technical selling after a two-sided session. The USDA’s national crop rating dipped, but is steady with last year, and development is close to average. At least for now, that adds up to the trade expecting a very large U.S. crop in 2025. Forecasts into early August generally look…… Continue Reading
Milk production continues to grow. USDA’s National Agriculture Statistics Service says June milk production in the 24 major producing states rose 3.4% over last year to 18.5 billion pounds. USDA also revised the May report to show production rose 2.4% year-over-year to 19.3 billion pounds. Production per cow in the 24 major dairy states averaged…… Continue Reading