Articles tagged under: WASDE
Meat and Dairy Forecasts Mixed in USDA Report
Published October 11, 2018
The forecast for 2018 red meat and poultry production declined from last month. According to the October USDA report, beef production dropped due to an expected decline in fourth quarter slaughter. Carcass weights were also down due to more cows…October USDA Reports More Friendly than Expected
Published October 11, 2018
According to USDA, U.S. corn production is forecast at 14.7 billion bushels. That’s down 49 million bushels from last month. The average yield is forecast at 180.7 bushels per acre, down over one bushel from September. Corn ending stocks are…A Bearish USDA Report
Published August 10, 2018
The corn and soybean markets reacted negatively at the release of USDA’s Crop Production Report and World Agriculture Supply and Demand Estimates Report on Friday. Stewart-Peterson Senior Market Advisor Bryan Doherty says on the surface, there’s a much higher-than-expected yield…Supply/Demand Report Expectations
Published August 9, 2018
USDA will release the August crop production and supply and demand reports Friday at 11 a.m. Mastering the Grain Market author Elaine Kub says traders have already dialed in a corn yield between 176 and 178 bushels per acre. "Even for…Analysts Prep for Friday’s USDA Report
Published August 6, 2018
USDA will release the August World Agriculture Supply and Demand Estimate report on Friday. Diversified Services Risk Management Analyst Rich Morrison thinks much of the pre-positioning was done last week. "The Commitment of Traders report we had Friday showed funds had…June Supply and Demand Report Delivers Positive News
Published June 12, 2018
USDA’s World Agricultural Supply and Demand Estimates (WASDE) report delivered positive news for the commodity markets. Corn ending stocks for the new marketing year are forecast at 1.57 billion bushels. That’s down over one million bushels from last month and…USDA Forecasts Lower Winter Wheat Production
Published May 10, 2018
USDA forecasts this year’s U.S. winter wheat production at 1.2 billion bushels, which is down six percent from the 2017 crop. The average yield is forecast at 48 bushels per acre. This is down from 50 bushels per acre last…A Clearer Picture of Bean Demand
Published May 10, 2018
The soybean market traded higher following the release of the May WASDE report Thursday. Stewart-Peterson Senior Market Advisor, Brian Doherty, says USDA gave the market a little clearer picture of soybean demand. “They got a spike, but they didn’t really…More Soybean, Fewer Wheat Stocks in Global Supplies
Published May 10, 2018
The May World Supply and Demand Estimate (WASDE) report also says global soybean supplies are at 92 million tons. This is an increase of two million from April and slightly higher than the trade guesses. Global wheat stocks are down…