On Thursday, May 12th, the USDA issued an updated World Agriculture Supply and Demand Estimate (WASDE) Report. The report provides the latest supply and demand estimates for major agricultural commodities. This week's report included additional information relating to the ongoing Russian war against Ukraine and its impact on food supply.
More below:
https://www.usda.gov/oce/commodity/wasde/wasde0522.pdf
https://www.usda.gov/sites/default/files/documents/may-2022-wasde-lockup-briefing.pdf
https://www.usda.gov/sites/default/files/documents/wwcb.pdf
Additional Analysis:
https://www.dtnpf.com/agriculture/web/ag/news/article/2022/05/12/usda-releases-may-crop-production