USDA Releases New WASDE Report

On January 12, the U.S. Department of Agriculture (USDA) released an updated World Agriculture Supply and Demand Estimate (WASDE) report.  The report estimates supply and demand factors related to each major commodity. The big news of this report was lower estimates for demand of corn, soybeans and wheat.

More below:

Commodity Analysis:

WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

WASDE Rice: Reduced Rough Rice Exports Partially Offset by Higher Milled Trade

WASDE Oilseeds: U.S. Soybean Exports Lowered

Cotton Highlights from January WASDE Report