USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) for September 2022

The USDA Released its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on Monday, Sept. 12. Analysts concluded the U.S. ending stocks estimates were neutral for corn and wheat while bullish for soybeans. The world ending stocks estimates were seen as moderately bearish for corn, bullish for soybeans and neutral for wheat prices. The USDA cut corn production 415 million bushels (mb) to 13.94 billion bushels (bb) and cut soybean production 153 mb to 4.378 bb … Continue reading “USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) for September 2022”