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Full Coverage USDA WASDE Report Released (May 10, 2017)
Highlights Report

 

USDA tightened the old crop balance sheets for corn and soybeans.

Corn ending stocks were 25 million bushels below last month, with the USDA increasing food, seed, and industrial use expectations. Soybean were down 10 million bushels, with a lower domestic crush guess cancelling out an increased export demand estimate. With less than a month left in its current marketing year, wheat ending stocks were unchanged.

 

New crop ending stocks projections for corn, soybeans, and wheat were below most pre-report expectations, but do not reflect slower than average corn and soybean planting and recent damage to the winter wheat crop.

 

Click here for the Full USDA Report

World Agricultural Supply and Demand Estimates Report (WASDE)
The World Agricultural Outlook Board (WAOB) serves as USDA’s focal point for economic intelligence and the commodity outlook for U.S. and world agriculture. The Board coordinates, reviews, and approves the monthly World Agricultural Supply and Demand Estimates (WASDE) report, houses OCE's Joint Agricultural Weather Facility, and coordinates USDA's Agricultural Outlook Forum.









 

 

 

World Agricultural Supply and Demand Estimates
May 10, 2017                                              WASDE - 565

   

USDA Released the World Agriculture Supply and Demand Estimates Report (WASDE) today and the market has reacted by pushing futures prices lower.To see the latest market prices and charts click

Markets Quotes & Charts: http://www.farms.com/markets



Full Coverage OF USDA WASDE Report

World Agricultural Supply and Demand Estimates

Corn
WASDE: The Corn Crop Projected 14.1 Billion Bushels, Down From Last Year’s Record High

Wheat
WASDE: U.S. wheat supplies projected down 9 percent from 2016/17

Soybean
WASDE: U.S. Soybean Crush Projected at 1,950 million bushels, Up 25 million

Cotton
WASDE: U.S. Cotton Crop of 19.2 million bales Is Expected To Sharply Increase

Livestock, Poultry, And Dairy
WASDE: Total Red Meat & Poultry Production Projected Higher Than 2017

Related Reports

USDA: Export Sales Report Release Click here

USDA: Crop Production Report Click here


World Agricultural Weather Highlights

Latest Report (PDF) Click here

Understanding USDA Crop Forecasts Click here

Commodity Specialists Click here

Source: USDA Wasde

Source: USDA


 
 
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