The U.S. Department of Agriculture’s crop production and world agricultural supply and demand estimates reports were released July 11 with the main focus on the wheat, corn and soybean estimates.
Tag Archives World Agricultural Supply and Demand Estimates
Lower U.S. spring wheat yields to cut production
Recent U.S. Department of Agriculture reports estimate yields at 51.7 bu. per acre, down from 52.5 bu. per acre last year
USDA reports provide mixed signals for wheat market
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
Corn prices fall as supplies expected to increase
Some believe ending stocks will soar to 67 million tonnes by the end of 2023-24, up from 35.98 million tonnes this year
Arlan Suderman, chief commodities economist with StoneX, believes ending stocks will soar to 67 million tonnes by the end of 2023-24, up from 35.98 million tonnes this year.
