A quiet March WASDE

The March 2022/23 U.S. corn outlook is for lower exports and increased ending stocks compared to February estimates. USDA lowered exports by 75 million bushels due to the slow pace of shipments and sales. Ending stocks were raised, above expectations. The 2022/23 U.S. soybean [...]

Sugar deliveries for food use down 3 percent YOY

Sugar use was unchanged for 2019/20 and 2020/21 in USDA’s August WASDE. Food use deliveries for 2019/20 are seen at 12.050 million STRV, down about 0.7 percent from 2018/19 deliveries. From October 2019 through June 2020, the first nine months of the market year, [...]

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