Insights and Stories on WASDE

Jul. 11, 2019 at 3:35 pm CDT

Chicago | Reuters — U.S. wheat futures climbed to their highest in more than a week after the U.S. Department of Agriculture (USDA) lowered its forecast of global wheat production in a monthly supply and demand report on Thursday. Corn and soybeans followed the firm trend in wheat. Chicago Board […]

By Barbara Smith

Jul. 11, 2019 at 2:29 pm CDT

MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, released Thursday, USDA significantly cut production volumes in Canada, Australia, Russia and Ukraine. In total, global wheat production was down […]

By Marlo Glass – MarketsFarm

Jul. 10, 2019 at 7:26 pm CDT

MarketsFarm — For one trader, the monthly world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA), aren’t something he spends a lot of time dealing with. “I don’t put a lot of faith in them,” said David Derwin of PI Financial in Winnipeg. This month’s […]

By Glen Hallick - MarketsFarm

Jul. 3, 2019 at 6:19 pm CDT

MarketsFarm — Chicago Board of Trade markets were volatile following Friday’s U.S. Department of Agriculture’s acreage report, which saw more corn acres and fewer soybeans than expected. “We had a sharp break, but now we’re starting to recover a bit,” said Steve Georgy, president of Allendale Inc. in Illinois. USDA’s […]

By Marlo Glass – MarketsFarm

Jun. 12, 2019 at 6:42 pm CDT

MarketsFarm — Corn planting in Canada has been a struggle this year much like for farmers in the U.S., according to Tuesday’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). USDA’s May WASDE report estimated Canadian corn production at 15.4 million tonnes, but wet […]

By Glen Hallick - MarketsFarm