May 12
The agricultural markets absorbed the latest World Agricultural Supply and Demand Estimates (WASDE) report released today by the USDA, revealing some unexpected figures in its initial outlook for the 2025 crop year. Rich Nelson from Allendale joined Farm Director KC Sheperd to break down the key findings Wheat Production Surprises to the Upside: The wheat …
Apr 10
The United States Department of Agriculture (USDA) has released its latest World Agricultural Supply and Demand Estimates report, offering insights into the current and future state of key agricultural commodities. Farm Director KC Sheperd discussed the report’s findings with Rich Nelson from Allendale, uncovering some notable shifts and potential future trends. “You know, we …
Dec 08
USDA lowered Brazilian soybean production by 2 million metric tons (mmt) to 161 mmt (5.9 billion bushels) in one of the few significant changes to crop production numbers. Despite lower production, USDA increased Brazil’s exports 2 mmt to 99.5 mmt. On Friday, USDA released the World Agricultural Supply & Demand Estimates (WASDE) for December. The …
Aug 11
As expected, USDA on Friday lowered both corn and soybean yields and production, dropping corn yields to 175.1 bushels per acre (bpa), and lowering soybean yields to 50.9 bpa. Corn production was pegged at 15.11 billion bushels (bb), and soybean production was forecast at 4.2 billion bushels. Farm Director KC Sheperd had the chance to …
