January 10 WASDE Report

On Friday, January 10th, the U.S. Department of Agriculture (USDA) released a new World Agriculture Supply and Demand Estimate (WASDE) report. The report highlights U.S. and world market supply and demand estimates for common agricultural commodities. The report was largely seen as neutral relative to December’s report as it projected increased production per acre, but reduced acres harvested.

More below:

https://www.usda.gov/oce/commodity/wasde/wasde0120.pdf

https://www.usda.gov/oce/commodity/wasde/Secretary_Briefing/Archive/2020/January_2020_WASDE_Lockup_Briefing.pdf

https://www.agri-pulse.com/articles/13028-markets-breathe-easy-with-neutral-wasde-report

OUR SPONSORS: