Jan 13
The United States Department of Agriculture released the January World Agricultural Supply & Demand Estimates (WASDE) report yesterday. The expected reductions in use were met with notable changes to U.S. production, resulting in lower-than-expected ending stocks for the 2022/23 marketing year. As compared to the December WASDE report, a 200 million bushel drop in total production was spurred …
Jan 12
Along with the WASDE report, several different reports were released by USDA NASS today. KC Sheperd, Farm Director, visits with Allendale’s Rich Nelson about the highlights of these reports. With higher beginning stocks for wheat, as well as some better demand, Nelson said USDA lowered their stock numbers. “USDA did make some moderate adjustments to …
