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WASDE May 12, 2022 – COARSE GRAINS The 2022/23 U.S. corn outlook is for lower production, domestic use, exports, ending stocks, and higher prices. The corn crop is projected at 14.5 billion bushels, down 4.3% from last year. The corn yield is projected at 177.0 bu/acre, 4.0 bu below the weather adjusted trend presented at […]

WASDE May 12, 2022 – WHEAT The outlook for 2022/23 U.S. wheat is for reduced supplies, exports, domestic use stocks, and higher prices. U.S. 2022/23 wheat supplies are projected down 3 percent, as lower beginning stocks more than offset a larger harvest. All wheat production for 2022/23 is projected at 1,729 million bushels, up 83

US farm markets USDA’s May World Agricultural Supply and Demand Estimates Report is due out this afternoon. Therefore, traders squarred some theirs position yesterday, as this report is expected to offer some key insights such as initial estimates for corn and soybean production for 2022. While crops are either being made or being planted, this