Sept. 11, 2020 - Today, the USDA has released their monthly World Agricultural Supply and Demand Estimates Report.
Highlights:
- The 2020/21 U.S. wheat supply and demand outlook is unchanged this month but there are offsetting by-class changes for wheat exports.
- This month’s 2020/21 U.S. corn outlook is for reduced production, lower corn used for ethanol, larger exports, and smaller ending stocks.
- U.S. soybean supply and use changes for 2020/21 include lower beginning stocks, production, and ending stocks.