Grain Talk Podcast: Market Analyst Brian Basting Weighs in on the July WASDE Report (11 min.)

The July USDA World Agricultural Supply and Demand Estimates (WASDE) report was released Friday, July 10.

U.S. corn outlook is for sharply lower supplies, reduced feed and residual use, increased food, seed, and industrial use, and lower ending stocks. With higher beginning stocks, 2020/21 soybean supply estimates were raised 45 million bushels.

How did the latest report impact markets? Grain Journal contributor Stu Ellis spoke with Brian Basting, a grain market analyst with Advance Trading Inc., Bloomington, IL (800-747-9021) for this Grain Talk episode.

Visit Podomatic.com to subscribe to Grain Talk.

Related Articles

USDA July World Agricultural Supply and Demand Estimates Report

USDA July Crop Production Report: Winter Wheat Production Down 4% From June; Durum Wheat Up 3%; Other Spring Wheat Down 2%

USDA July Oilseeds World Markets and Trade Report

More Podcasts

John Lee Shares Grain Handling Safety Lessons From GFAI, Asmark Institute Course (10:14)

Safety Expert Joe Mlynek Discusses COVID-19, Grain Elevators (29:30)