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Grain Markets Slide Amid High Supplies and Weak Demand

7/6/2025

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Summary

Story summary

Grain markets are bearish due to USDA reports indicating high supplies and weak demand.
U.S. corn acreage increased by 5% to 95.2 million acres, while soybean acreage decreased by 4% to 83.4 million acres.
Russia's 2025 grain harvest target of 135 million metric tons is threatened by drought and rising input costs.
Ukraine's wheat production is expected to decline by 2% to 23 million metric tons, tightening global supplies.

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Story summary

Grain markets are bearish due to USDA reports indicating high supplies and weak demand.
U.S. corn acreage increased by 5% to 95.2 million acres, while soybean acreage decreased by 4% to 83.4 million acres.
Russia's 2025 grain harvest target of 135 million metric tons is threatened by drought and rising input costs.
Ukraine's wheat production is expected to decline by 2% to 23 million metric tons, tightening global supplies.