Jan 12
USDA on Friday released its January Crop Production, World Agricultural Supply and Demand Estimates (WASDE) Dec. 1 Grain Stocks and Winter Wheat Seedings reports. USDA pegged final national average corn yield at a record 177.3 bushels per acre (bpa), well above the range of pre-report expectations. Production was pegged at 15.34 billion bushels (bb). Soybean …
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 …
Mar 31
USDA on Friday released its Prospective Plantings and March 1 Grain Stocks reports. Farm Director, KC Sheperd, visited with Allendale’s Rich Nelson about the two reports. Two USDA reports today, quarterly Grain Stocks and Prospective Plantings, give the trade a good deal of both old and new crop information to digest. Grain Stocks issues remaining …
