USDA Projects Reduced Stocks For All Major Crops

January 14, 2021 admin 0

USDA end of year stocks estimate for all major crops is fairly easy to report: all are lower than in 2019. Specifically, corn stocks are slightly lower while wheat stocks are down 9 percent, soybeans are off 10 percent and sorghum stocks are down 12 percent as of December 1.

USDA Increases Season-Average Price for Most Crops

January 13, 2021 admin 0

Markets reacted favorably to USDA’s latest monthly World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday. Corn, soybeans, wheat, and cotton all closed higher on the overall positive news for 2021.