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Spot soybean basis was steady to stronger in the US Midwest, while corn bids were little changed as weather-related harvest delays limited new-crop supplies. USDA said the US soybean harvest was 17% complete and corn harvest 18% complete by Sunday.
Spot soybean basis values were mostly steady to weaker in the US Midwest as scattered weekend harvest activity brought fresh supplies to processors. Corn basis bids were steady to stronger, while futures fell after soybeans were excluded from proposed tariff cuts.
Spot basis bids held steady in the southern US Plains; USDA said winter wheat was 27% planted nationally.
Basis offers for soymeal were steady to weaker in the US Midwest as harvest activity resupplied some processing plants. Nearby supplies remained tight overall, with many crushing locations not quoting offers.
Corn condition was unchanged week over week, while soybean harvest progressed further and rice harvest advanced.
The USDA released its weekly crop progress report for soybeans. The report included harvested acreage and crop condition readings for the 18-state soybean crop.
Spot basis bids for soybeans were sharply mixed in the US Midwest as crushers competed for supplies while weekend harvest activity boosted deliveries in some areas. Corn basis bids were mostly steady to stronger ahead of the USDA crop progress report later Monday.
Reuters poll of eight analysts ahead of USDA's weekly crop progress report. A week ago, corn harvest was 13% and soybeans 12%; winter wheat planting was expected at 30% complete.
(Updates with USDA data) By Karl Plume CHICAGO, Sept 21 (Reuters) — U.S. corn and soybean condition ratings held steady at three-year lows over the past week, as harvesting of both crops advanced modestly despite widespread rains in parts of the Midwest, according to a weekly U.S. Department of Agriculture report relea
WASHINGTON, Sept 21 (Reuters) — The U.S. Agriculture Department released the following data in its weekly crop progress report: Soybeans Dropping Leaves — Selected States [These 18 States planted 96% of the 2025 soybean acreage]: Week ending: State:September 20,:September 13,:September 20,: 2021-2025: 2025: 2026: 2026
USDA’s weekly crop progress report for the week ended Sept. 20 includes condition ratings for corn, cotton and soybeans and harvest and fieldwork progress for multiple crops. Winter wheat planting and emergence progress were reported, along with harvest progress for corn, soybeans, cotton, rice and spring wheat.
U.S. corn condition ratings likely remained unchanged while soybean conditions declined slightly as harvesting of both crops began to gather pace a week ago, analysts said ahead of a weekly U.S. Department of Agriculture crop report due on Monday afternoon. According to the average estimate in a Reuters poll of 11 anal
Soybean futures rose above $13.0 per bushel, trading near their highest since December 2023, supported by fresh Chinese purchases and signs of tighter U.S. crop conditions.
Wheat futures advanced as December Chicago Wheat gained 9'2 to settle at 659'6, leading the grain complex while corn and soybean futures retreated after early-week highs. USDA Crop Progress data showed good-to-excellent ratings at 68% for corn and 65% for soybeans, both reflecting a 1% weekly improvement. Meanwhile, we