Articles tagged under: WASDE
A Supply Reversal
Published January 15, 2025
Surplus crop supplies contributed to lower commodity prices in recent years. However, that could change in 2025 if USDA's latest supply and demand report is any indication. "We see these ag cycles and we've been on a downward trend for…Corn Demand Rises
Published December 11, 2024
In Tuesday’s supply/demand report, USDA increased corn export demand by 150 million bushels and ethanol demand by 50 million bushels. USDA lowered wheat ending stocks by 20 million bushels and left soybeans unchanged. Analysts expected an increase in South American…S/D Estimates Released
Published August 13, 2024
Soybean ending stocks were the biggest surprise in the USDA report. New crop soybean ending stocks totaled 560 million bushels. That’s up from 435 million bushels in the July report. Corn stocks dropped slightly, but were still in the 2…Brazilian Corn Estimate May Boost U.S. Demand
Published May 10, 2024
Following the release of USDA's monthly Supply and Demand Report, Total Farm Marketing Senior Market Advisor Naomi Blohm said it offered friendly news for corn. "Because there was nothing unexpectedly bearish, the market has every reason now to hold the…World Wheat Production at Record Levels
Published May 10, 2024
USDA lowered global wheat supplies by 2.2 million metric tons to 1.05 million tonnes. Global wheat production is projected at a record 798 million tonnes but lower carry-in projection from several countries more than offset the production increase. World Corn…Little Change to South American S/D Numbers
Published May 10, 2024
USDA made only minor changes to Brazil’s soybean production, lowering it by one million metric tons. Traders expected USDA to lower Brazil’s soybean production number to 152.2 million metric tons. USDA also lowered Brazil’s corn production by two million tons…WASDE Report As Neutral As Can Be
Published March 9, 2024
Following a lackluster WASDE report, Total Farm Marketing Market Advisor Brandon Doherty says it’s a bit surprising that wheat held on to gains from earlier in the day through the close of business Friday. “The U.S. numbers are just about…WASDE Report Draws Minimal Reaction
Published March 8, 2024
Not much changed in this month’s USDA WASDE report. Summit Commodity Brokerage partner Tomm Pfitzenmaier points to the South America crop projections as one of the few notes of interest. "The most interesting thing about the report probably was the…May WASDE Report
Published May 14, 2023
USDA expects lower wheat supplies, higher ending stocks of corn and higher soybean ending stocks. For 2023/2024 all wheat ending stocks are expected to be down 11 percent from last year at 556 million bushels. Corn ending stocks are up…