October 11 WASDE Report

On October 11th, the U.S. Department of Agriculture (USDA) released a new World Agriculture Supply and Demand Estimate (WASDE) report. The report offers the latest estimates on U.S. and global agricultural production and as well as estimates for U.S. and global stocks and demand. The report offered modest improvements for soybean and corn as production estimates for corn and soybean were lowered from September’s report.

More below:

https://www.usda.gov/oce/commodity/wasde/wasde1018.pdf

October 2018 Crop Production Briefing

https://www.usda.gov/oce/commodity/wasde/Secretary_Briefing.pdf

Additional Analysis:

https://www.agriculture.com/markets/analysis/corn-soybean-production-forecasts-miss-futures-jump-after-usda-report

https://www.farmfutures.com/crop-report/smaller-crops-boost-prices

https://www.agri-pulse.com/articles/11535-usda-trims-corn-soybean-crop-estimates

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