USDA will release its May supply and demand revisions (WASDE) this Thursday at 7:30 a.m. CDT. This report has been the subject of much market chatter for several weeks because it will represent some major changes in old crop/new crop ending supply numbers for corn and soybeans. It will be the first "official" look at 2012/13 numbers for corn, soybeans and wheat. USDA/NASS will also release their first "official" U.S. 2012 winter wheat production estimate. Here are some of the key discussion points leading up to this week's reports: Corn
Will the old crop export forecast be increased and old crop ending supplies lowered? Export sales, especially to China, have been very strong recently. Will USDA raise the expected corn yield to an al...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
