Monday, September 12, 2022

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

 From DTN Progressive Farmer, September 12:

USDA Reports Flash
USDA Releases September Crop Production, WASDE Reports
USDA on Monday cut corn production 415 million bushels (mb) to 13.99 billion bushels (bb), and also cut soybean production 153 mb to 4.378 bb as well.

Corn yield was lowered corn yields 2.9 bushels to 172.5 bushels per acre (bpa), which fell in line with pre-report estimates.

Soybean yield was 1.4 bpa to 50.5 bpa

USDA released the September World Agricultural Supply and Demand Estimates (WASDE) report on Monday, the first one for the 2022-23 corn and soybean crops that includes field-based observations. USDA's Crop Production report also includes an earlier-than-usual review of planting estimates for several crops, including corn and soybeans....

....MUCH MORE

And more to come. 
Soybeans up 3.9%; Wheat down .70%