The USDA released its monthly crop production and World Agricultural Supply and Demand Estimates (WASDE) reports last week, which provided mixed messages for the wheat market. The U.S. crop production report increased winter wheat output by 1.3 per cent from the May estimate. This was viewed by the markets as bearish for wheat futures, especially […] Read more
Tag Archives crop production report
August reports show continued loss of export markets for U.S.
There was a time when the U.S. Department of Agriculture’s August crop production report was more feared by American farmers than any paste-coloured Soviet leader with a shaky finger near the nuclear launch button. Now, however, the August report generates more yawns than yips. So it was again Aug. 11, when the USDA’s first detailed […] Read more
