Tillage
The United States Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates (WASDE) report on Friday.
Agri-Business
Record-high wheat production, increased barley production and mixed corn reports were all in this month's WASDE report.
Grain prices weren't moving anywhere fast this week as the WASDE report didn't bring a lot of fresh news to the market.
US wheat, corn and soybean production forecasts and reports are up, while EU wheat, barley and corn yields are reported to be down.
The latest WASDE reported that there is expected to be smaller supplies of wheat, reduced consumption, lower exports and decreased stocks.
This week saw wheat prices decline during the week across LIFFE and MATIF markets.
News this week does not bode well for Irish grain prices. Global corn production is forecast to be record-high.
The USDA released its WASDE report for this month on Tuesday, March 10. In the report the global wheat outlook is for higher production.
Grain prices dropped this week, having recovered slightly in the week previous.
After an extremely difficult spring and harvest in many parts of the US, the USDA has released its Crop Production Report for the 2019 year.
The first World Agricultural Supply and Demand Estimates (WASDE) report of the year was published by the USDA on Friday evening, January 10.
The USDA released its World Agricultural Supply and Demand Estimates (WASDE) report last Friday, November 8.
The past week has been an interesting one for many grain farmers. Protests outside Glanbia’s...
The main news this week was the publication of the World Agricultural Supply and Demand Estimates (WASDE) Report from the USDA.
This week many farmers were paid money on account for grain which has been delivered. The injection will provide cash-flow for farmers.
The price of corn in the US has dropped. At close of business on Monday CBOT main season corn stood at 385.25c/bu.
The harvest price will remain a mystery for many weeks to come by the look of things and this might be for the better.
The WASDE report was released this week. Global maize production has been revised down, while wheat estimates have increased on last month.