Todd Hubbs Breaks Down ‘Brutal’ USDA Report: Corn Glut and Surprise Wheat Acres in Oklahoma: Oklahoma State University Extension Crop Marketing Specialist Dr. Todd Hubbs did not mince words when reviewing the latest USDA World Agricultural Supply and Demand Estimates (WASDE) released this week, describing them as a “brutal set of reports” for the agricultural …
Tag: WASDE
Jan 12
Bearish Surprises in January WASDE Report: USDA Increases Corn Acres, Stocks While Trade Eyes Future Demand
Bearish Surprises in January WASDE Report: USDA Increases Corn Acres, Stocks While Trade Eyes Future Demand: The USDA’s January World Agricultural Supply and Demand Estimates (WASDE) report delivered several bearish surprises to the grain markets, finalizing a supply-heavy picture for the 2025 marketing year. In a discussion with Farm Director KC Sheperd, Rich Nelson of …
Jan 08
OSU’s Dr. Todd Hubbs Previews Upcoming WASDE Report and 2026 Crop Market Outlook
OSU’s Dr. Todd Hubbs Previews Upcoming WASDE Report and 2026 Crop Market Outlook: As the agricultural community wraps up 2025 and heads into the new production year, all eyes are fixed on Monday’s upcoming World Agricultural Supply and Demand Estimates (WASDE) report. Farm Director KC Sheperd recently spoke with Oklahoma State University Crop Marketing Specialist …
Dec 09
Allendale’s Rich Nelson Breaks Down Corn Surprises and Major Beef Import Adjustments in Latest WASDE
Farm Director KC Sheperd recently spoke with Allendale’s Rich Nelson to break down the latest World Agricultural Supply and Demand Estimates (WASDE) report. While the December report is typically quiet, this month provided significant adjustments in corn and beef, alongside a growing global supply picture for wheat. Wheat: Global Production on the Rise Starting with …
Nov 14
“Disappointing” USDA Report: Nelson Breaks Down Numbers
After a 43-day government shutdown, the USDA finally released its updated production and demand reports on Friday. Post-Shutdown USDA Report and Allendale’s Rich Nelson say the new numbers were “a little disappointing” for producers hoping for a market rally, according to Nelson. The data, which is the first major update since September 12, was released …
Oct 09
Supply Concerns Persist Amid Government Shutdown and Rising Stocks
Despite the temporary suspension of full U.S. Department of Agriculture (USDA) reports due to the government shutdown, market analysts have continued to gauge the grain markets, confirming a prevailing concern: large grain supplies are currently in storage. This view is supported by trade analyst polls and carryover data from previous reports, suggesting minimal changes to …
Sep 12
September WASDE Report Shows Wheat Exports Tighten as USDA Lifts Russian Production Numbers
Allendale’s Rich Nelson joined associate farm reporter Carli Davenport to break down the latest USDA report, which delivered a mixed bag for corn, soybeans, wheat, cotton, and livestock markets. Wheat: Watching Russia CloselyThe wheat market’s focus has shifted overseas. Russia’s crop has been consistently revised higher by private analysts, with estimates now around 87 million …
May 12
USDA Forecasts Large Corn and Soybean Crops for 2025-26, Wheat Production Up
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
WASDE Report: Old Crop Corn Exports Surge, Wheat Shipments a Concern
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 …
Oct 11
Latest WASDE Shows 2024-2025 Wheat harvested acres at 38.5 million, an increase from 37.9 million
Lynsey Such with Allendale discussed the latest agricultural report, highlighting reduced wheat supply and potential impacts of erratic weather on crops. She also noted increased beef production and anticipated higher beef imports in 2024 and 2025, predicting a tight supply situation to continue into early 2025. Lynsey expected the next couple of months to be …





















