Articles Tagged with ''World Agricultural Supply and Demand Estimates''

The Agriculture Department lowered its estimate of already tight ending stocks for soybeans as USDA increased its estimate of how much of the 2020 crop would be crushed.

A pair of reports from Department of Agriculture economists project a drop in American grain and oilseed production and overseas stocks on hand, prolonging a bump in commodity prices.

USDA is cutting its estimates of U.S. corn and soybean acreage after resurveying farmers and doing further analysis of areas of the Midwest hit hard by heavy rains this spring. 

July reports from the Department of Agriculture offered little surprise to traders, including when USDA stuck with the much-maligned June Acreage report data.

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 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.

WASHINGTON, July 12, 2017 – A USDA report on Wednesday boosted corn and soybean harvest projections while cutting anticipated returns for the nation’s wheat crop.

WASHINGTON, May 10, 2017 – On the heels of a late snowfall devastating much of the Kansas winter wheat crop, the Department of Agriculture is projecting a 25 percent drop in U.S. production from a year ago.