Corn closed on the upside last week as the market reacted to better demand in domestic and world markets, Jack Scoville of the Price Futures Group said.
Ag economists say a slightly more optimistic economic outlook for corn and large soybean stocks currently contributed to a rise in corn acreage in the March 31 Prospective Plantings report.
Letòòò½ÊÓÆµ™s get rolling. Farmers are putting final touches on planting preparation.
Despite the immense uncertainty in agriculture due to the escalating trade war, farmers donòòò½ÊÓÆµ™t have the luxury of delaying planting decisions òòò½ÊÓÆµ“ or delaying planting itself. Now that spring has arrived, they will soon head to the fields to put this yearòòò½ÊÓÆµ™s crop in the ground.
Estimated 2025 corn planting is 95.3 million acres, up 5% (4.73 million acres) from 2024, the USDA National Agriculture Statistics Service said March 31 in its Prospective Plantings report.
Planting soybeans early when possible continues to be a good practice.
Concerns about the U.S. and China trade relationship have softened, said Don Roose at U.S. Commodities.
Whatòòò½ÊÓÆµ™s the next wave of sustainable fashion? The answer is soy-based textile. To spur innovation in that space, U.S. Soy announces Clara Padgham from the University of Wisconsin-Madison as the national winner of the NEXTILE: The Soy in Textile Design Challenge. In its second year, the NEXTILE competition is designed to highlight the creativity and originality of students studying design by encouraging the use of sustainable textiles, namely soy-based products.