wasde report

USDA February WASDE Report

Dan Corn, Industry News Release, Soybeans, Wheat

The latest monthly World Agriculture Supply and Demand Estimates (WASDE) report from the Department of Agriculture shows lower estimated soybean exports for the 2017-18 crop year. USDA lowered soybean exports by 60 million bushels to 2.1 billion bushels. The U.S. season-average soybean price range for 2017/18 is projected at $8.90 to $9.70 per bushel, unchanged from the previous report. USDA …

friendlier

2018 Setting a Friendlier Tone for Commodities

Dan Industry News Release, Soybeans

On Friday, the U.S. Department of Agriculture released reports that included World Ag Supply and Demand and 2017 Crop Production figures. The agency said American farmers posted an average of 176.6 bushel per acre after the 2017 corn harvest, bringing in a total of 14.604 billion bushels. The soybean harvest brought in 4.329 billion bushels, with an average yield of …

wasde report

Latest WASDE Report from USDA

Dan Cattle, Dairy, Field Crops, Industry News Release, Livestock, Pork, Poultry

The latest World Agricultural Supply and Demand Estimates Report (WASDE) was released recently. During December, raging wildfires in southern California and a late-month cold wave east of the Rockies highlighted a La Niña-driven weather regime. La Niña also contributed to a broad expanse of drier than-normal conditions, especially across the southern tier of the country. A few areas, however, received …

new era

USDA Predicts Less Corn in Storage in Latest WASDE

Dan Corn, Industry News Release

The latest World Agricultural Supply and Demand Estimates (WASDE) report released Tuesday by the Department of Agriculture predicts lower corn stocks. USDA predicts that about 2.43 billion bushels of corn will be in storage at the end of the 2018 marketing year, down from a previous estimate of 2.48 billion. USDA expects 50 more million bushels of corn will be …

corn

Some Good News for Corn in the Latest USDA WASDE Report

Dan Corn, Crop Forecasts, Industry News Release

Last Thursday, the U.S. Department of Agriculture estimated a corn crop for 2017 higher than U.S. farmers have ever realized, coming in with a whopping 175.4 bushels to acre average. That would equate to a record 14.578 billion bushels of corn harvested this year. The yield guess was significantly higher than analysts like Mike Zuzolo from Global Commodity Analytics was …