Farms.com Home   News

USDA Releases Dec WASDE Report

The USDA is still projecting corn production at 13.66 billion bushels, while soybean production is expected at 3.55 billion.
 
Tuesday's WASDE report also left yields unchanged, with the average corn yield pegged at 167 bushels per acre, with soybeans at 46.9.
 
Revised crop estimates for 2019 will likely be seen in next month's WASDE report, due to the millions of bushels of grain still unharvested.

Trending Video

Grain Markets Lack Direction Right Now. What Could Change That? - Darin Newsom

Video: Grain Markets Lack Direction Right Now. What Could Change That? - Darin Newsom

Are grain markets setting up for a summer rally, or is more downside ahead? This week on Market Journal, Senior Barchart Analyst Darin Newsom shares his outlook for corn, soybeans and wheat as traders head into the heart of the growing season.