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USDA Releases July WASDE Report

Here's the latest World Agricultural Supply & Demand Estimates report

The USDA has released the July World Agricultural Supply & Demand Estimates report.

See the full report by clicking here.

Highlights include:

WHEAT: The outlook for 2019/20 U.S. wheat this month is for lower supplies, higher domestic use, larger exports, and reduced stocks. 

COARSE GRAINS: This month’s 2019/20 U.S. corn outlook is for larger production and beginning stocks, greater feed and residual use, lower food, seed, and industrial (FSI) use, and increased ending stocks. 

RICE: The outlook for 2019/20 U.S. rice is for increased supplies, higher domestic use and exports, and lower ending stocks.  

OILSEEDS: This month’s U.S. soybean supply and use projections for 2019/20 include lower beginning stocks, production, exports, and ending stocks. 

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