Full Coverage of USDA Supply/Demand Reports.

Farms.com Risk Management Commodity Research Analyst M. lamirande analysing May 10 USDA World Agriculture Supplies and Demand Estimates Report .

Watch Video:

Our first impressions are the following:

Bearish corn futures prices.

Bullish soybean futures prices.

Bullish wheat futures prices.

Here is the full coverage of WASDE report

WASDE: Corn Production For 2012/13 Is Up 2.4 Billion From 2011/12. 

WASDE: Soybean Production Is Projected Higher Than last Year

WASDE:U.S. Wheat Is For Larger Supplies But Lower Prices.

WASDE: Higher Supply, Demand for U.S. Cotton

WASDE: Higher Pork and Poultry Production is Projected, Decline in Beef Production

Today USDA aslo released May crop production report

To Veiw Full Crop production report, Please click here

Experts Opinion:

D Good: As Usual, USDA Report Surprises.

The WASDE report, which included the first forecasts for the 2012-13 marketing year, contained some very bearish projections for corn, but the soybean and wheat forecasts have mixed implications. 

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Stu Ellis: Fasten Your Seatbelt For Today's USDA Report.

USDA blew the cobwebs off its calculators and forecast a 14.8 billion bushel corn crop for 2012, helped by a 5.1 million acre increase in corn and a record 166 bushel yield average.

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Few Other Reports Released By USDA Today

USDA: Export Sales Highlights

USDA: April Weather Summary