
Grain futures markets trading action may be muted on Monday ahead of what is arguably the data point of the month for the grain markets: Tuesday’s USDA monthly supply and demand report. Huge and even record yields could be forecast for U.S. corn (ZCZ25) and soybean (ZSX25) crops.
A Dow Jones Newswires survey of grain analysts shows they expect U.S. corn production this year at 15.991 billion bushels, with an average yield of 184.3 bushels an acre. The record for U.S. corn production, according to USDA, is the 15.186-billion-bushel crop grown in 2024, with a record average yield of 183.6 bushels per acre. The Dow Jones Newswires survey expects U.S. soybean production in 2025 at 4.371 billion bushels and an average yield of 53.0 bushels an acre. U.S. soybean production in 2024 totaled 4.37 billion bushels, which was also a record. The average yield per acre was 50.7 bushels,