Articles tagged under: WASDE report
USDA Adjusts Yields
Published July 12, 2023
The Money Farm owner Allison Thompson says USDA's supply and demand report could have been more surprising. "The big story is new crop and their adjustments to yields; including the minor uptick on corn yields and downturn on soybeans." The…Grain Stocks Drive Prices Lower
Published May 19, 2023
Projections are showing higher supply of corn and soybean for the next marketing year and driving corn and soybean prices lower. MinnStar Bank Senior Vice President Kent Thiesse says demand may not keep up. Spring planting progress throughout the corn…Ending Stocks Were Primary Consideration in USDA Report
Published May 14, 2023
Midwest Market Solutions President Brian Hoops says USDA surprised the trade by cutting wheat production more than expected in the May World Supply Demand Report. “We knew it was going to be down, but it’s below last year's crop as…USDA Dances Around Soybean Numbers
Published March 12, 2023
The USDA supply/demand report put the corn carryout at 1.34 billion bushels. Corn exports were lowered, but Van Ahn and Company market analyst Kristi Van Ahn anticipates further cuts. "That is a very justified movement and I wouldn't be surprised…Report Opens Window of Opportunity
Published January 14, 2023
The USDA supply/demand report delivered a little strength into the corn market. Total Farm Marketing Market Analyst John Heinberg focused on the lower harvested corn acres. "That was the area we saw the surprise as the USDA took harvest corn…USDA Releases January Reports
Published January 12, 2023
USDA lowered U.S. corn production to 13.7 billion bushels, raised the corn yield to 173.3 bushels per acre and lowered harvested acres slightly to 79.2 million acres. Soybean production is estimated at 4.27 billion bushels. Soybean acreage was cut to…South America Holds the Keys
Published November 9, 2022
U.S. wheat ending stocks were down from last month, but corn and soybean supplies increased. Total Farm Marketing Senior Market Advisor Naomi Blohm says global ending stocks only had small changes. "Corn ending stocks pretty much came in right on…USDA Projects Wheat Ending Stocks at a 15 Year-Low
Published November 9, 2022
In the monthly USDA supply and demand report, USDA increased domestic wheat usage five million bushels to 1.09 billion bushels, raised feed usage by seven million bushels and left wheat exports unchanged at 775 million bushels. Ending stocks are forecast…Ag Department Forecasts 7th Largest Corn Crop on Record
Published November 9, 2022
USDA made a small upward adjustment to U.S. corn production in the November crop report, raising it to 13.9 billion bushels. That is up 35 million from the October report. USDA raised U.S. corn ending stocks 10 million bushels and…