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Commodities

USDA Report Sends Soybean and Corn Futures Soaring

Guavy AI Editorial Team
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Corn
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The July World Agricultural Supply and Demand Estimate from the U.S. Department of Agriculture (USDA) has lifted soybean and corn futures, providing a boost for growers in these markets.

The WASDE report forecasts the highest soybean prices since the 2023/24 marketing year, signaling a positive trend for those invested in these commodities.

Corn futures also received a lift from this month's report, indicating a favorable outlook for corn growers.

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