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Indiana Farmers Anticipate Record Corn and Soybean Yields

By David Foster

The USDA weekly Indiana Ag Report says that Hoosier farmers expect to harvest nearly 5. 4 million acres of corn which is up 250 thousand acres from last year.

The soybean yield is anticipated to be nearly 5.5 million acres of soybeans, which is down 350 thousand acres from last year.

The crops in Indiana were planted earlier than normal this year and then weather turned very dry in May.

Substantial rainfall was scarce in June and when farmers were starting to lose hope the precipitation returned in July as did good temperatures and the crops responded favorably.

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.