 According to the National Agricultural Statistics Service acreage report released on June 28th, 86.1 million acres of soybeans were planted in the U.S. for MY 2024-2025, 3% more than last year. The yield forecast remains unchanged at 52 bushels per acre. U.S. soybean production is forecast at 4.4 billion bushels for 2024-2025, down 15 million bushels from last month, but 270.3 million bushels higher than production in the previous marketing year.