The USDA released their World Agricultural Supply and Demand Estimate Forecast (WASDE) today. Here’s what you need to know: Wheat: U.S. wheat supplies for 2017/18 are projected down 9 percent from 2016/17 on lower production, which is partially offset by higher beginning stocks.  All wheat production for 2017/18 is projected at 1,820 million bushels, down nearly […]

The USDA released their World Agricultural Supply and Demand Estimate Forecast (WASDE) today. Here’s what you need to know: Wheat: U.S. wheat ending stocks for 2016/17 are raised 30 million bushels on lower feed and residual use which more than offsets a slight import reduction.  At 1,159 million bushels, ending stocks are projected to reach a […]

The USDA released their World Agricultural Supply and Demand Estimate Forecast (WASDE) today. Here’s what you need to know: Wheat: U.S. wheat imports for 2016/17 are reduced this month by 10 million bushels to 115 million.  Ending stocks are projected lower by the same amount to 1,129 million bushels.  The season-average farm price is unchanged with […]

The USDA released their February World Agricultural Supply and Demand Estimate Forecast (WASDE) today. Here’s what you need to know: Wheat: U.S. 2016/17 wheat exports are raised 50 million bushels to 1,025 million reflecting a strong pace to date. Food use is lowered 3 million bushels to 960 million following the February 1 release of NASS’ […]

The USDA released their January World Agricultural Supply and Demand Estimate Forecast (WASDE) today. Here’s what you need to know: Wheat: U.S. 2016/17 all wheat ending stocks are raised this month and projected to reach the highest level since the late 1980s. The season-average farm prices is raised $o.10 at the midpoint to $3.80 on […]