SZAP(SZ:000061) Xin Hua Cai Jing·2025-09-19 00:25Group 1 - Chicago futures market saw a decline in corn, wheat, and soybean prices on September 18, with corn down 2.25 cents to $4.2450 per bushel, wheat down 3.25 cents to $5.2500 per bushel, and soybean down 5.00 cents to $10.3875 per bushel, reflecting a drop of 0.53%, 0.62%, and 0.48% respectively [1] - The trading volume for agricultural futures at the Chicago Board of Trade (CBOT) was low, attributed to the acceleration of crop harvesting and ongoing debates regarding corn and soybean yields in the Midwest [1] - The USDA reported that the U.S. sold 110,000 tons of corn to Mexico for delivery in the 2025-2026 marketing year, with export sales for the week ending September 11 showing wheat at 13.9 million bushels, corn at 48.5 million bushels, and soybeans at 33.9 million bushels [1] Group 2 - Brazil's National Supply Company (CONAB) forecasts a soybean production of 177.7 million tons for the 2025-2026 marketing year, a 3.7% increase year-on-year, as farmers expand planting areas due to profitable conditions [2] - The 2025-2026 U.S. soybean export estimate has been revised down to 1.39 billion bushels, which is 295 million bushels lower than the USDA's report, with ending stocks expected to exceed 545 million bushels and an average yield of 53 bushels per acre [2] - Due to large supplies and inventory levels, corn and wheat prices are expected to follow the downward trend of soybean prices, with U.S. corn supply projected to be close to 18 billion bushels for the 2025-2026 marketing year [2]