Articles tagged under: WASDE
USDA May Stair-Step into Bigger South American Reductions
Published February 10, 2022
The February WASDE report is described as “neutral” or a “wet blanket” for the grain markets. USDA did not lower South American corn and soybean production as much as grain traders forecasted. USDA also did not raise exports as much…S/D Estimates Updated
Published December 10, 2021
USDA left corn ending stocks unchanged at just under 1.5 billion bushels. The trade was expecting increased corn usage, due to ethanol, but that may have to wait until the January report. The soybean carryout was also left unchanged at…Grain Traders Prepare for November WASDE Report
Published November 7, 2021
Standard Grain President Joe Vaclavik is not looking for friendly numbers in the USDA's November Supply and Demand report. "The grain trade expects the USDA to increase soybean carryout. They think the USDA is going to go from a 320…September USDA Report “As Expected”
Published September 10, 2021
In USDA’s September Supply and Demand report, U.S. corn production is pegged at 15 billion bushels, up from 14.75 billion in August and slightly more than the average trade guess. USDA raised the corn yield to 176.3 bushels per acre and…USDA Makes Minimal Changes to Yield Forecast
Published July 12, 2021
In the July WASDE report, the USDA kept the U.S. corn and soybean yields in-line with the June report. The U.S. corn yield is forecast at 179.5 bushels per acre and the soybean yield remains at 50.8 bushels per acre.…June WASDE Report Had Little Market Impact
Published June 14, 2021
In the June World Agriculture Supply and Demand Estimates report, the USDA lowered the old crop U.S. corn carryout by 150 million bushels on increased ethanol and export demand in the June supply and demand report. USDA made no change…April WASDE Report Friendly for Corn, Neutral for Soybeans
Published April 9, 2021
USDA’s April WASDE report was considered friendly for corn and neutral to bearish for soybeans. Global Commodity Analytics and Consulting President Mike Zuzolo says the spread action between corn and soybeans makes sense. "The wheat and corn look extremely strong…USDA’s Planting Intentions Report May Overshadow March WASDE Report
Published March 8, 2021
U.S. Commodities President Don Roose expects traders to quickly digest the supply and demand numbers in Tuesday’s WASDE report and begin preparing for the planting intentions report at the end of the month. "On March 31, will we get enough…USDA Forecasts Record Corn Production
Published May 12, 2020
USDA’s World Agricultural Supply and Demand Estimate projects U.S. new crop corn production at a record 16 billion bushels on a yield of 178.5 bushels per acre. Corn usage is expected to rise 245 million bushels to 6.6 billion bushels.…