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 reduction in yield. Corn supplies and ending stocks are also up compared to last month’s projections, while use remains unchanged.  [...]

August WASDE shows decrease in corn yield

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 [...]

July WASDE shows increase in corn production

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 [...]

June WASDE shows little change

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 [...]

WASDE comes in around expectations for 2023/24

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 [...]

Updated U.S. long-term agricultural projections

USDA has released its agricultural projections to 2032! These baseline projections provide insight into the landscape of agricultural commodities and trade for the next ten years. The U.S. agricultural sector has been influenced by global economic and market circumstances such as inflation, supply chain [...]

January WASDE forecasts lower grain stocks

The January 2022/23 U.S. corn outlook is for reduced supplies, exports, domestic use, and ending stocks compared to December estimates. USDA lowered forecast supply because of the reduction of the harvested corn area, affecting production. Domestic use declined 35 million bushels to 12 billion [...]

FAO Food Price Index down in May for second straight month

FAO’s Food Price Index (FPI) was reported down over half a percent in May, adjusted for inflation, the second straight monthly decline. May’s FPI was still up 20.8 percent YOY, supported by significant gains across all subindexes. Food commodities showing the most significant YOY [...]

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