USDA WASDE Report: Neutral to Bearish Long Term.

May 09, 2014

The USDA released their important May 9 World Agriculture Supply And Demand Estimates report today.

Moe Agostino, Senior Commodity Marketing Strategist for Farms.com Risk Management will provide his analysis on this report later on today.

Here are some thoughts and observations:

Corn - Slightly bullish old crop and bearish new crop with higher yields projected.

Soybeans - Neutral as projections close to market expectations.

Wheat - Bearish with lower yield prospects supporting prices in fall.

More to come later as we review the numbers.

The full report can be found on the following link.

http://www.usda.gov/oce/commodity/wasde/latest.pdf

Full coverage of these USDA reports will follow.

Video: Agriculture Secretary Rollins Speaks at American Farm Bureau Federation Convention in Anaheim

One of the highlights at the 2026 American Farm Bureau Federation Convention in Anaheim, California, was an address by U.S. Secretary of Agriculture Brooke Rollins. During her remarks, she thanked America’s farmers and ranchers and said the Trump Administration is fully aware that food security is national security.

She also acknowledged the challenging times in Farm Country with low commodity prices and high input costs and said that’s why the President stepped in to help with the recent Bridge Assistance Program.

Montana Farm Bureau Federation Executive Vice President Scott Kulbeck says that Farm Bureau members are appreciative of the help and looks forward to working with the American Farm Bureau Federation and its presence in Washington, DC to keep farmers and ranchers in business.

Secretary Rollins said the Trump Administration is also committed to helping ranchers build back America’s cattle herd while also providing more high-quality U.S. beef at the meat case for consumers.

And she also announced more assistance for specialty crop producers who only received a fraction of the $12 billion Farmer Bridge Assistance (FBA).

It’s important to note that producers who qualify for Farmer Bridge Assistance can expect the Farm Service Agency to start issuing payments in late February. For more information, farmers and ranchers are encouraged to contact their local USDA Service Center.