September WASDE shows increase in corn acreage
Corn outlook The 2023/24 U.S. corn outlook is for greater production at 15.1 billion bushels due to an increase in harvested area offsetting a [...]
Corn prices eclipse $7 per bushel
Futures activity A bullish WASDE report last Monday pushed spot corn futures above $7 per bushel for the first time in two months, hitting [...]
September WASDE sees tighter corn & soybean balance sheets
USDA reduced acreage and yield estimates for 2022/23 corn and soybeans. The declines in both crops’ production numbers were partially offset by lower use [...]
U.S corn forecast unchanged, higher soybean crush in February WASDE
The February WASDE report was almost the same as January’s, with no changes to the U.S corn balance sheet and only slight adjustments to [...]
WASDE: Yields higher for corn, lower for soybeans
In the November WASDE, estimated 2021/22 U.S. corn yield was raised 0.5 bushels per acre (bpa) to 177.0 bpa, which would be the highest [...]
WASDE: Higher carry-in & bigger crop pad 2021/22 corn stocks
In the October WASDE, 2021/22 U.S. corn beginning stocks are estimated at 1.236 billion bushels, up 49 million bushels from September. Estimated 2021/22 corn [...]
WASDE: New-crop corn production & stocks raised
In the September WASDE, 2021/22 U.S. corn yield was estimated at 176.3 bushels per acre (bpa), up 1.7 bpa from August and above the [...]
Drop in 2021/22 corn production impacts use, stocks
The August WASDE shows national corn yield in 2021/22 at 174.6 bushels per acre (bpa), down 4.9 bpa from the original forecast. This drop [...]