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Commodities

USDA Report Looms as Grain Markets Show Modest Gains

Guavy AI Editorial Team
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Oil
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U.S. grain and oilseed markets remain relatively stable ahead of the upcoming USDA report on August supply and demand estimates.

The Chicago Board of Trade saw modest gains in soybeans, with a projected average yield for 2026-27 at 52.9 bushels per acre, slightly below the July estimate and actual 2025-26 yield.

Cooler temperatures and heavy rains are expected to benefit pod-filling and pod-setting in the U.S. Midwest this week, but hot dry weather threatens yields.

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