On August 12, 2020, USDA issued their August World Agricultural Supply and Demand Estimates (WASDE) report.
For Wheat, the outlook for 2020/21 U.S. wheat this month is for increased production offset by lower imports, higher exports, and lower ending stocks.
For Coarse Grains, this month’s 2020/21 U.S. corn outlook is for larger supplies, greater feed and residual use, increased exports, and higher ending stocks.