The September WASDE forecasts are always insightful for new-crop sugar production as early beet harvest is underway at many of the cooperatives, and cane harvest is just a couple weeks away. This report did not disappoint with beet production increased 150,000 STRV to 5.223 [...]
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 reduction in yield. Corn supplies and ending stocks are also up compared to last month’s projections, while use remains unchanged. [...]
Corn outlook The 2023/24 U.S. corn outlook is for reduced supplies, lower domestic use, smaller exports, and tighter ending stocks. U.S. corn production is forecast 15.1 billion bushels, down 209 million from the July’s projection. Soybean outlook The 2023/24 outlook for U.S. soybeans [...]
Corn outlook The 2023/24 U.S. corn outlook is for slightly higher supplies and ending stocks. U.S. corn production is forecast up 55 million bushels compared to last month’s projection. Soybean outlook The 2023/24 outlook for U.S. soybeans is for higher beginning stocks and a [...]
U.S. soybean exports for the week of May 11 declined by 54 percent from the previous week, putting accumulated shipments at 47.7 MMT (1.8 billion bushels). Weekly net export sales declined to 16,950 MT. Outstanding sales were down to 3.1 MMT (114 million bushels). [...]
Corn outlook The 2023/24 U.S. corn outlook is for higher beginning and ending stocks. Forecast U.S. corn production is unchanged from last month, projected at 15.3 billion bushels. Soybean outlook The 2023/24 outlook for U.S. soybeans is for higher beginning and ending stocks, reflecting [...]
Corn outlook The 2023/24 U.S. corn outlook is for larger production, and subsequently, greater domestic use, greater exports, and higher ending stocks. U.S. corn production for 2023/24 is projected at 15.3 billion bushels, a record number and up more than 10 percent from 2022/23 [...]
This month’s WASDE revealed unsurprising developments for ingredient markets. The April 2022/23 U.S. corn outlook is for reductions to imports and food, seed, and industrial (FSI) use, with unchanged ending stocks. Corn imports are lowered 10 million bushels based on observed trade to date. [...]
