Articles Tagged with ''WASDE''

USDA trimmed its estimates for the corn and soybean crops on Thursday, citing lower yields for corn and a smaller harvested area for soybeans.

Big crops keep getting bigger, farmers say, and that looks to be the case this year. USDA today raised its harvest estimate for corn and soybeans, which were already forecast to be in record or near-record territory.

USDA on Friday raised its estimate for corn and soybean production, citing record or near-record yields. Futures fell following the reports.

The USDA is now confirming what most already know: The Chinese tariffs on U.S. soybeans are taking a toll on U.S. exports.

The U.S. Department of Agriculture is predicting production declines this year for corn and soybeans, the nation’s two most valuable crops, while the all-wheat harvest is expected to jump by 5 percent.

The USDA left its production estimates for this year’s corn and soybean crops unchanged from the February forecasts, while raising its projection for U.S. corn-ethanol output and slashing its outlook for Argentina’s soybean harvest.

The Department of Agriculture released market-shifting reports on Friday, largely showing robust production in 2017 adding to an already solid amount of stocks on hand around the world.

There were at least two big surprises from today’s USDA crop reports – record projected corn yields and less-than-expected hurricane damage to the Florida orange crop.

WASHINGTON, Oct. 12, 2017 - Hurricane Irma dealt a crushing blow to Florida’s orange crop, which is projected to be 54 million boxes, down 21 percent from last year, USDA’s National Agricultural Statistics Service said today.

WASHINGTON, August 10, 2017 - Corn and soybean farmers hoping for a bullish crop report today had their hopes dashed by new predictions of strong soybean and corn yields that sent futures prices tumbling on the Chicago Board of Trade.