U.S. Secretary of Agriculture Brooke L. Rollins signed the World Agricultural Supply and Demand Estimates (WASDE) report. This is prepared monthly by the World Agricultural Outlook Board (WAOB) and provides market-moving annual forecasts for supply and use of U.S. and world wheat, rice, coarse grains, oilseeds, and cotton.
“American farmers feed and fuel the world, and this report equips them with the trusted, timely data they need to make informed business decisions,” said Secretary Rollins. “Thanks to President Trump’s historic trade wins over the past few months, new and expanded market opportunities are opening for American agricultural producers in every corner of the world.
This follows today’s inflation report that came under analysts' expectations, giving producers greater certainty to plan ahead, invest in their operations, and compete globally. These victories, paired with the first-rate analysis from USDA, ensure our producers have the tools, the markets, and the confidence to grow their operations and strengthen the American economy.”
Source : usda.gov