Tag: production

U.S. Ending Stocks Estimates Bearish for Corn, Soybeans and Wheat in Latest WASDE

USDA on Wednesday, July 12, lowered the corn yield estimate to 177.5 bushels per acre (bpa) after bumping up its acreage estimate, but the July World Agricultural Supply and Demand Estimates (WASDE) still forecasts a record corn crop at 15.32 billion bushels (bb). USDA lowered the soybean ending stocks forecast for the new-crop (2023-24) season …

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USDA Crop Production Report Out Today: Lower Soybean Ending Stocks and Higher Corn

USDA released its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on Wednesday, March 8.   As expected by the grain trade, USDA on Wednesday lowered corn export demand 75 million bushels (mb) and also bumped up ending stocks for the crop by 75 mb as well. USDA trimmed soybean ending stocks …

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