With USDA set to release the WASDE next Tuesday, 11 December, it's worth remembering that while the December supply and demand revisions typically do not show any signifcant changes, the WASDE is capable of providing a few suprises. WPI's Bob Kohlmeyer made some WASDE predictions in the Monday, 5 December 2005 issue of Ag Perspectives leading up to the report: We do not expect any surprises this time, but we do expect the December WASDE will set a bearish tone. After three months of the U.S. corn and soybean crop year, it has become clear that U.S. exports of each will not make USDA's November forecast of 2.0 billion bushels and 1.075 billion bushels, respectively. We expect USDA will reduce those numbers by at least 25 million bushels eac...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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