agriculture

USDA WASDE Report Released

Dan Crop Forecasts, Field Crops, Industry News Release, Livestock

Wheat:  Projected 2017/18 U.S. wheat supplies are decreased this month on lower production, down 21 million bushels to just over 1.7 billion bushels. The August NASS production forecasts for durum and other spring wheat indicated a significant decline compared to last year, primarily due to continued severe drought conditions affecting the Northern Plains. Partially offsetting this decrease is higher winter …

wasde

WASDE Report Shows Increase in Livestock and Poultry Production

Dan Cattle, Dairy, Poultry

The U.S. Department of Agriculture released their May World Agriculture Supply and Demand Estimates (WASDE) report this week, and in the Livestock, Poultry, and Dairy section, it notes that total red meat and poultry production for 2018 is projected to be higher than 2017 due to an increase in livestock and poultry production. Cattle placements during second half 2017 and …