Insights and Stories on WASDE

Interview: Counting crops in advance

Sep. 16, 2021 at 4:48 pm CDT

Statistics Canada on Tuesday released new model-based estimates for the country’s principal field crops, projecting “substantial” yield declines for most of the major crops grown in Canada, due mainly to drought conditions across much of Western Canada during much of the growing season. The previous Friday, the U.S. Department of […]

Klassen: Lower beef production supports cash feeder market

Sep. 15, 2021 at 5:22 pm CDT

By Jerry Klassen

USDA’s September supply/demand data contain few surprises

Sep. 10, 2021 at 7:52 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans firm, fail to erase earlier losses

Sep. 10, 2021 at 7:30 pm CDT

By Christopher Walljasper

ICE weekly outlook: Canola market awaits harvests, USDA

Sep. 8, 2021 at 7:36 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: ‘Tricky’ USDA report due Friday

Sep. 8, 2021 at 7:19 pm CDT

MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” That’s because of the impact Hurricane Ida had on the U.S. transportation system, according to Scott Capinegro of Barrington Commodities […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat futures fall, soybeans rise, corn flat

Sep. 8, 2021 at 6:55 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Wednesday, dragged lower by a firmer dollar that threatened to make U.S. supplies less competitive on the export market, traders said. Corn futures steadied after sinking to their lowest in two months early in the day, with bearish harvest expectations limiting […]

By Mark Weinraub

U.S. grains: Soybeans, corn, wheat end firmer on bargain buying

Sep. 2, 2021 at 6:44 pm CDT

Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, […]

By Julie Ingwersen

CBOT weekly outlook: Focus shifts away from USDA supply, demand estimates

Aug. 18, 2021 at 1:40 pm CDT

MarketsFarm — Nearly a week after the U.S. Department of Agriculture’s (USDA) Aug. 12 release of its monthly supply and demand estimates, they still lingered in the minds of traders at the Chicago Board of Trade (CBOT). “Corn at $5.65 (per bushel), that’s where it’s trading right now, that is […]

By Adam Peleshaty

CBOT weekly outlook: Inflation another major concern for traders

Jul. 14, 2021 at 4:58 pm CDT

MarketsFarm — While weather has become a primary factor in rising commodity prices over the past week, traders at the Chicago Board of Trade are also paying close attention on inflation. Earlier Wednesday morning, the U.S. Bureau of Labor Statistics announced that the producer price index (PPI) increased by one […]