Items Tagged with 'WASDE'

The USDA said Friday bumped up its forecast for U.S. soybean exports and dropped its prediction for ending stocks as Chinese demand remains strong and competition from Brazil is less than expected.

Commodity markets traded higher following a bullish report from the Department of Agriculture that led to increases across the board.

Senate Minority Leader Mitch McConnell is opposed to extending waivers that eased school nutrition rules during the COVID-19 pandemic.

USDA trimmed its forecast for South American soybean production Wednesday, supporting traders’ expectations and a bump in futures prices.

Gerald Bange, who served 43 years at the Department of Agriculture, including 20 as chairman of the World Ag Outlook Board, died Thursday, Jan. 13.

A flurry of Department of Agriculture reports Wednesday showed bin-busting production of corn, sorghum, soybeans and cotton took place in 2021, largely matching what traders were expecting to see.

The Department of Agriculture made little change to key figures for corn, soybean, wheat and rice figures on the last “report day” of 2021.

Department of Agriculture officials increased soybean and corn yields which helped push ending stocks projections higher in Tuesday's World Agriculture Supply and Demand Estimates report.

American farmers are going to be producing more corn and soybeans than expected this year, which will mean lower expected prices for the crops, according to a new USDA forecast that boosted the department’s predictions for yields in both crops.

Agriculture Department officials left corn, soybeans, and wheat projections mostly unchanged in Tuesday’s World Agricultural Supply and Demand Estimates report.