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That includes 2021, 2006 and 2005, where severe drought gripped 18-21% of U.S. corn in late July. U.S. corn in drought July 25This same week in 2006 featured the largest moderate drought expanse in the Corn Belt after 2023 at 46% coverage, followed by 38% in 2005 and 36% in 2021. But it is interesting that corn yields landed close to trend in those five years. Some 4% of spring wheat is in severe drought, the first trace of severe drought since April. North Dakota’s spring wheat yield reached a record 50 bpa in 2022 despite fears that delayed planting would be limiting.

Persons: North, Karen Braun, Matthew Lewis Organizations: U.S . Drought Monitor, Agriculture, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, North Dakota, North

☆ Argentina, South Africa hopes dented by thrilling draw
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

[1/5] Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group G - Argentina v South Africa - Forsyth Barr Stadium, Dunedin, New Zealand - July 28, 2023 Argentina's Yamila Rodriguez in action with South Africa's Linda Motlhalo REUTERS/Molly DarlingtonDUNEDIN, New Zealand July 28 (Reuters) - Argentina and South Africa settled for an exciting 2-2 draw in their Women's World Cup Group G clash at Dunedin Stadium on Friday that kept both teams alive in the tournament but dented their hopes of progressing. For all their neat approach work, Argentina looked unable to threaten Kaylin Swart in the South African goal and their first attempts on target did not come until the second half. "It is about taking our chances," said South Africa coach Desiree Ellis. Argentina will now face Sweden on Wednesday, while South Africa play Italy at the same time with both teams looking for an historic first Round of 16 berth. Reporting by Janina Nuno Rios in Mexico City, editing by Nick MulvenneyOur Standards: The Thomson Reuters Trust Principles.

Persons: Argentina's Yamila Rodriguez, Africa's Linda Motlhalo, Molly Darlington, Linda Motlhalo, Motlhalo, Kgatlana, Kaylin, Sophia Braun, Desiree Ellis, Braun, Janina Nuno Rios, Nick Mulvenney Organizations: Soccer Football, FIFA, Forsyth Barr, Africa's, Dunedin, South, Thomson Locations: New Zealand, Argentina, South Africa, Dunedin , New Zealand, Molly Darlington DUNEDIN , New Zealand, Sweden, Italy, Mexico City

☆ Keira Walsh injury overshadows England's 1-0 win over Denmark
▼ + stars: | 2023-07-27 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —England’s 1-0 win over Denmark at the Women’s World Cup on Friday was overshadowed by a serious-looking injury sustained by its star midfielder Keira Walsh who had to be stretchered off in the first half. Williamson, Mead and Walsh played major roles in England’s Euro 2022 title win. James and her teammates celebrates England's goal against Denmark. Knowing a win would secure its spot in the knockout phase of the tournament, Denmark ramped up the pressure on England’s goal, but was unable to find a way past Mary Earps. Initially China midfielder Zhang Rui was given a yellow card for a challenge on Sherly Jeudy.

Persons: CNN —, Keira Walsh, Lauren James, Walsh –, ”, Walsh, Leah Williamson, Beth Mead, Williamson, Mead, James, Justin Setterfield, Denmark ramped, Mary Earps, Amalie Vangsgaard’s, Earps, Sarina Wiegman, Wiegman, Banyana Banyana, Linda Motlhalo, Thembi Kgatlana, Kgatlana, Sophia Braun, Argentina's, Joe Allison, Núñez, Zhang Rui, Mondésir, – Melchie Dumornay, Wang Shuang, Dumornay, Zhu Yu, Maddie Meyer, Mathurin, Zhang Linyan, Wang Organizations: CNN, Denmark, BBC, ”, South, FIFA, Group, China, Lyon Locations: Barcelona, England, Denmark, China, ” Argentina, Africa Argentina, South Africa, Dunedin , New Zealand, Argentina, Africa, Sweden, Italy, South, Haiti, Adelaide

Commodity markets closely follow the American (GFS) and the European (EC) weather models, and it is important to understand their variations, especially at this time of year. The four-times-daily GFS forecasts out 15 days while the twice-per-day EC evaluates a 10-day period. Both models’ precipitation output has deviated significantly enough from the actuals to warrant higher levels of uncertainty in precipitation forecasts versus temperature ones. Both the GFS and EC precipitation output for the first half of July was overly optimistic on precipitation, which has generally been the case for the past six months. Despite the GFS’s recent temperature reliability, it has more often leaned too cool versus too warm in the last couple of months.

Persons: Tuesday’s GFS, Karen Braun, Matthew Lewis Organizations: European, Midwest, EC, Crop Watch, Reuters, Thomson Locations: NAPERVILLE , Illinois, Midwest, U.S

☆ Apple sneakers on sale for $50,000
▼ + stars: | 2023-07-26 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —When you think of Apple, it’s likely that what first springs to mind is a conveyer belt of revolutionary tech rather than a pair of sneakers. But a pair of “ultra-rare” Apple sneakers is now being sold by auctioneers Sotheby’s for $50,000, fetching a higher price tag than any current Apple product. Complete with the rainbow Apple logo on the tongue and side, the white trainers were custom-made for the company’s employees as a one-time giveaway at a National Sales Conference in the mid-1990s. Although producing sneakers is unusual for Apple, in 1986 the tech brand released a range of clothing and accessories dubbed “The Apple Collection,” featuring mugs, umbrellas, bags, keyrings and even a sailboard, all emblazoned with the rainbow Apple logo, according to a catalog published that year. This pair of sneakers is not the first vintage Apple product to have sold for an eyewatering sum in recent months.

Persons: auctioneers Sotheby’s, “, ” Sotheby’s, Lamy, Braun, Sotherby’s, Steve Jobs Organizations: CNN, Apple, National Sales Conference, Honda

NAPERVILLE, Illinois, July 24 (Reuters) - Crop Watch condition scores have somewhat steadied after rising for three straight weeks as the latest week’s dry weather was offset by cooler temperatures. CONDITIONS AND YIELDIn the latest week, corn condition and yield contracted slightly while soybean condition edged upward, and soy yield stayed unchanged. Crop Watch producers have been rating crop conditions and yield potential on 1-to-5 scales. WEATHEROhio was the wettest Crop Watch location last week with around 2.75 inches of rain in two events, one with some damaging hail. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: Karen Braun, Matthew Lewis Organizations: Crop Watch, Producers, Crop, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Nebraska, Iowa, Ohio, The Ohio, North Dakota, government’s, Eastern Iowa, Illinois, South Dakota, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

Although those factors caused Chicago corn and wheat futures to surge, speculators have held on to their bearish views thus far. In the week ended July 18, money managers reduced their net short position in CBOT corn futures and options to 46,926 contracts from 63,052 a week earlier. Managed money net position in CBOT corn futures and optionsCBOT December corn futures rallied 6.6% through Tuesday, July 18, though the week included a drop to new yearly lows after the Department of Agriculture expanded the U.S. corn crop outlook. Money managers’ net short in CBOT wheat futures and options has barely changed in the latest three weeks despite a 4% decline in most-active futures during the stretch. Money managers increased their net long in CBOT soybean futures and options to a three-week high of 95,814 contracts through July 18 from 82,748 a week earlier.

Persons: Soymeal, Karen Braun, Matthew Lewis Organizations: U.S, Department of Agriculture, Wednesday, Traders, Reuters, Thomson Locations: NAPERVILLE , Illinois, Ukraine, Chicago, U.S, soyoil

The pace of new-crop U.S. corn and soybean export sales usually starts to increase in July and especially into August. That covers only 8% of USDA’s 2023-24 U.S. corn export forecast of 53.3 million tonnes (2.1 billion bushels), below the five-year average of 13%. New U.S. corn export sales, July 13New-crop soybean sales account for 10% of USDA’s 2023-24 export target of 50.35 million tonnes (1.85 billion bushels). New U.S. soybean export sales, July 13Both of those export outlooks, especially the one for corn, are considered too optimistic by some analysts since cheaper Brazilian supplies are seen increasingly eating in to U.S. export shares. China has purchased 1.87 million tonnes of new-crop U.S. soybeans, the lowest mid-July, non-trade-war-year volume in at least 16 years.

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, USDA, Japan, Reuters, Thomson Locations: NAPERVILLE , Illinois, United States, U.S, China, New U.S, Brazil, Mexico, Colombia, South Korea, Canada

☆ Less than 5% of U.S. housing supply is accessible to older, disabled Americans. These changes may help
▼ + stars: | 2023-07-21 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Despite a sizeable elderly and disabled population in the U.S., there is not enough affordable housing to accommodate those individuals. "In particular, too many older adults and people with disabilities cannot afford accessible housing," Casey said. At the same time, 1 in 5 Americans will be older than 65 by 2030. Accessible homes — which offer specific features or technologies — can help older and disabled individuals continue to live in their own homes or in communities they choose. Yet less than 5% of the national housing supply is accessible, Casey said.

Persons: Sen, Bob Casey, Casey, Mike Braun, Braun, " Braun Organizations: Aging, Finance, Social Security, med Social, Senate Locations: U.S

The weather story lingered again on Wednesday, but harsher threats from Russia thrust the grain deal into the spotlight. Most-active CBOT wheat futures surged 8.5% on Wednesday, wheat’s largest single-day percentage rise since Feb. 28, 2022, just days after Russia invaded Ukraine. Money managers held a modest net short of 63,052 corn futures and options contracts by that date. Prior to that, grain deal uncertainty failed to spark bullish interest as Ukrainian export volumes far exceeded original expectations. Had the Jan. 3 high stood, it would have been November beans’ first annual high set in January since 1999.

Persons: reconnection, Karen Braun, Matthw Lewis Organizations: Funds, Reuters, Thomson Locations: NAPERVILLE , Illinois, Ukraine, Chicago, Russia, India, U.S, Moscow, Western

☆ Michigan attorney general charges fake Trump electors over alleged 2020 election crimes
▼ + stars: | 2023-07-18 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Attorney Dana Nessel, surrounded by her family, announces her bid for Michigan Attorney General in Braun Court Ann Arbor on Tuesday, Aug. 15, 2017. Mandi Wright | Detroit Free Press | Tribune News Service via Getty ImagesMichigan's attorney general on Tuesday criminally charged 16 so-called "fake electors" for former President Donald Trump, accusing them of a fraudulent effort to reverse President Joe Biden's victory in the state's 2020 election. The 16 people each face eight charges, including election law forgery, uttering and publishing and conspiracy, state Attorney General Dana Nessel said in a video announcement. The case is the first time that any members of fake Electoral College slates for Trump have been criminally charged. Smith's investigation is focused on, among other things, the attempted use of fake Electoral College slates to thwart Biden's victory.

Persons: Dana Nessel, Braun Court Ann Arbor, Mandi, Donald Trump, Joe Biden's, Nessel, Trump, Jack Smith, Mike Pence, Kathy Berden, Rose Rook, Mayra Rodriguez, Hank Choate, Meshawn Maddock, Ann Henry, John Haggard, Clifford Frost, Kent Vanderwood, Stanley Grot, Marian Sheridan, Timothy King, James Renner, Michel Lundgren, Amy Facchinello, Ken Thompson, Maddock Organizations: Michigan, Braun Court, Detroit Free Press, Tribune, Service, Getty, Trump, of Justice, Biden, GOP, Electoral, U.S . Senate, National, CNN, Michigan Republican, U.S, Supreme Locations: Braun, Mandi Wright, Michigan, Mari, Texas, Georgia , Pennsylvania, Wisconsin

NAPERVILLE, Illinois, July 17 (Reuters) - The U.S. Corn Belt has experienced much more forgiving weather this month after an unusually dry June crashed both corn crop conditions and yield ideas. Three weeks ago, corn was just 50% GE, the week’s worst since 1988. Although long ago, most years with similar gains around this time frame featured corn yields within a couple percent of trend, if not better. Keep in mind that the concept of “trend yield” is subjective and often varies by analyst. USDA’s 2023 corn trend of 181.5 bushels per acre, which some considered too high, was reduced to 177.5 last week after the dry June.

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department of, GE, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S

Those factors caused a historic 21% plunge in CBOT December corn in the final seven trading days of June, though price steadied immediately after. But money managers in that week expanded their net short in CBOT corn futures and options to 63,052 contracts from 18,209 in the prior week, against expectations for mild net buying. Managed money net position in CBOT corn futures and optionsUSDA lowered U.S. corn yield on July 12 due to dry June weather, but it would still be a new record. U.S. soybean plantings came in far below market predictions on June 30, but money managers have been net sellers of CBOT soybean futures and options in the last two weeks. That was on a 0.5% rise in November soybean futures for the week, and beans rose another 0.8% in the last three sessions.

Persons: steadied, Wheat, Karen Braun, Diane Craft Organizations: U.S . Department of Agriculture, soyoil, U.S ., Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, U.S

Over the last decade, U.S. corn yield in August was lower than in July four times, including the past two years. The recent years with higher August corn yields versus July have featured some sizable moves. The government's corn and soybean yields will rely heavily on survey data next month and field observations will be added in September. Last month was the Midwest’s driest June since 1988, though USDA left U.S. soybean yield untouched from the 52-bpa trendline. August soybean yield has come in lower than in July only twice in the past 10 years (2013, 2021).

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, USDA

It is always risky when all analysts are leaning the same way, though recent weather and the already-lofty nature of the corn yield seem to validate this thinking. However, lower yields may not be printed in the U.S. Department of Agriculture’s report on Wednesday. All 25 analysts polled between Reuters and Bloomberg believe this month’s corn yield will come in below USDA’s trend-line of 181.5 bushels per acre. Eight of 25 analysts expect the 52 bpa to stand on Wednesday, though soy yield may be more likely than corn to come in lower this month. That leaves room for corn yield losses on the balance sheet but keeps bean supplies tight either way.

Persons: U.S . Midwest Karen Braun, Karen Braun, Matthew Lewis Organizations: U.S . Department of, Reuters, Bloomberg, U.S . Midwest, Thomson Locations: NAPERVILLE , Illinois, U.S, Illinois, Indiana

Corn conditions have recently been comparable to the drought-stricken 2012 season, though they U-turned at the start of July. Corn conditions tend to stay largely unchanged or decline slightly throughout the season even in high-yielding years, so this week’s increase stands out. The last time corn conditions improved 4 or more percentage points in a late-June or early-July week was in 2001, and there were four more instances between 1992 and 1997. Using corn conditions for week 27 to predict final yield deviation from trend results in an R-square of 0.56, meaning about 56% of the yield variation can be explained by week 27 conditions. This suggests corn conditions have max correlation with actual yield deviations in late July, though including other variables such as July or August weather would likely enhance the model's reliability.

Persons: Karen Braun, Matthew Lewis Organizations: of Agriculture, GE, Sunday’s, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S

Crop Watch corn and soybean fields rose again last week as seasonably cool temperatures dominated, outweighing some of the underwhelming rainfall totals in western areas. Cool weather should dominate this week, favorable for corn pollination, which is currently under way in at least seven of the 11 corn fields. Average corn yield starts at 3.95 versus 4.07 in the same week last year and 3.86 in the same week in 2021. The North Dakota corn is in Griggs County and the soybeans are in Stutsman County. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: ’, Karen Braun, Matthew Lewis Organizations: U.S . Crop, U.S . Department of, Crop, Indiana, The North, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Iowa, Illinois, Ohio, Minnesota, North Dakota, Nebraska, South Dakota, South Dakota , Kansas, Nebraska , Kansas, The, The North Dakota, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, Griggs County, Stutsman County

As of July 3, CBOT December corn futures had plunged nearly 22% off their June 21 high as much-needed rain for U.S. crops started falling and also appeared in forecasts. December corn fell 12% in the four-day week ended July 3, and money managers flipped to a net short in CBOT corn futures and options of 18,209 contracts. Managed money net position in CBOT corn futures and optionsU.S. soybean plantings on June 30 came in well below all trade guesses, causing a surge in November soybeans . CBOT wheat rose more than 1% over the last three sessions on a slower U.S. winter harvest and possible drought concerns for U.S. and Canadian spring wheat. However, open interest in CBOT wheat futures and options is at the lowest mid-year levels since 2005.

Persons: soyoil, Karen Braun, Leslie Adler Organizations: U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, Minnesota, Iowa , Wisconsin, North Dakota, U.S

☆ Taylor Swift changes controversial lyrics for ‘Better Than Revenge’
▼ + stars: | 2023-07-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +8 min

From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. Kevin Winter/ACMA/Getty Images Swift sings the National Anthem before Game 3 of the 2008 World Series in Philadelphia. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Jeff Kravitz/Getty Images Swift performs on stage during an "Eras Tour" concert in Atlanta in April 2023.

Persons: CNN — Taylor Swift, ” Swift, “, Swift, ” Taylor, shaming, ” Taylor Swift, Christopher Polk, Scott, Andrea Swift, Taylor Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, didn’t, It’s, –, Scooter Braun, Braun Organizations: CNN, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Machine Locations: Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta

Nine of the 11 Crop Watch corn fields should be tasseling within the next 10 days or so. Although cool July weather generally supports big crop yields, a couple of the Crop Watch producers mentioned that their fields could benefit from some heat and sun. The weekly increase was Crop Watch corn’s largest since late June 2021, when much-needed rain finally fell in the central Corn Belt. Soybean conditions jumped to 4.05 from 3.73 in the prior week, Crop Watch beans’ biggest-ever weekly improvement but similar to that same week in June 2021. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: Karen Braun, Matthew Lewis Organizations: Crop, Crop Watch, U.S . Department of, Watch, Southeastern Illinois, Nebraska, South, Reuters, Thomson Locations: NAPERVILLE , Illinois, Ohio, North Dakota, Nebraska , Kansas, Indiana, Illinois . North Dakota, Nebraska, Iowa, Minnesota , Kansas, Illinois, North Dakota , Kansas , Indiana, Dakota, Minnesota, South Dakota, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

Chicago corn, wheat, soybean and soybean meal futures began rallying sharply in mid-June as expanding U.S. drought and disappointing rain events hammered crop conditions. Trade sources had pegged the week’s net corn selling to be about four times heavier. Trade sources peg funds’ net selling in CBOT corn futures at 55,500 contracts over the last three sessions, and CBOT wheat selling is seen at 20,500 futures contracts. Funds were seen as net buyers of 8,000 soybean futures, 9,500 soyoil futures and 3,500 soymeal futures between Wednesday and Friday. Money managers’ weekly net selling in CBOT corn futures and options has twice exceeded 100,000 contracts this calendar year.

Persons: Gross, Wheat, Karen Braun, Jonathan Oatis Organizations: U.S . Department of Agriculture, corn’s, Funds, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Chicago

☆ The last survivor of Adolf Hitler's bunker, where the Nazi leader spent his final days, has died at 94
▼ + stars: | 2023-07-01 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Johanna Ruf was a nurse in the Berlin bunker where Nazi dictator Adolf Hitler spent his final days. In 2017, she published her memoir on her time in the bunker as the Red Army advanced in 1945. Ruf died at 94, the Berliner Zeitung reported, citing confirmation from her publisher. The Berliner Zeitung reported that Ruf was also one of the last people to see Goebbels' children before they were murdered by their parents in the bunker. Wieland Giebel, who edited Ruf's book, said that he hoped it provided an insight into what really happened at the time, per Berliner Zeitung.

Persons: Johanna Ruf, Adolf Hitler, —, Hitler, Goebbels, Helmut, Magda, Joseph Goebbels, Wieland Giebel, Reichminister Joseph Goebbels, Bundesarchiv, Eva Braun, Braun Organizations: Red Army, Ruf, Berliner Zeitung, Service, Bund Deutscher Mädel, Hitler Youth, The Times, Reich, Soviet Red Army, Third Locations: Berlin, Hitler's Berlin

This set of reports is associated with the largest average CBOT corn and soy moves of the 15 major USDA report days per year. Directionally, corn and soy futures on June 30 tend to react to acres far more often than stocks, though U.S. weather forecasts often add to the chaos. In the six sessions ended Thursday, CBOT December corn futures plunged 15.9%, June’s biggest six-session loss in at least three decades. Analysts basically nailed both corn acres and June 1 corn stocks last year, which was unprecedented, but December futures fell more than 5% on report day. Trade biases for June 30 U.S. stocks, acres versus pricesTrade biases on June 30 U.S. soy stocks, acres versus pricesKaren Braun is a market analyst for Reuters.

Persons: Corn, Karen Braun, Matthew Lewis Organizations: U.S . Department, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S

Soybeans were pegged at 87.67 million acres, up from 87.5 million in March. The soybean range of 1.5 million acres is the smallest since 2005 and below the 2.75-million average. In the last four years, corn acres also ended up out-of-range in the two years where trade guesses varied the most (2020, 2019). This year’s corn planting pace was near the longer-term average, but heavy rains were problematic in North Dakota for a second consecutive year. Analysts’ corn numbers were too high in 2021 and 2020, but they were too low in the four prior years.

Persons: Rains, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, Analysts, Reuters, Thomson Locations: NAPERVILLE , Illinois, USDA’s, North Dakota

That caused some offsetting of Crop Watch conditions in the latest week, though a small decline was observed overall. Crop Watch conditions are intended as more of a visual assessment than a yield indicator. Crop Watch condition averages are not weighted due to the sample size, though USDA’s conditions are weighted by acreage estimates. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx. Crop Watch Conditions: June 25, 2023Karen Braun is a market analyst for Reuters.

Persons: Karen Braun, Matthew Lewis Organizations: Crop Watch, U.S . Department of, South Dakota, Nebraska, Crop, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Nebraska, Illinois, South Dakota, Iowa, North Dakota, South, Kansas, Ohio, Minnesota, Indiana, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

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