wasde

For the meat trade picture, USDA's March WASDE report raised it's beef export forecast by 30 million pounds to 3.3 billion pounds. "That really just reflects observed data," said World Ag Outlook Board Chairman Mark Jekanowski. "So, updating the data based on the latest numbers from January and we saw a little bit of a bump in exports to China ...

The latest World Agriculture Supply and Demand report largely focused on global market conditions. The outlook for U.S. wheat this month is for stable supplies, lower domestic use, reduced exports, and higher ending stocks. The projected season-average farm price increased $0 ...

USDA's January WASDE report had a modest change for the meat production outlook. "For 2022, in terms of beef production...increased our beef production forecast by 160 million pounds," said World Ag Outlook Boar Chair Mark Jekanowski ...

What changes were made to the WASDE report when it comes to wheat? "Mainly incorporating changes from the September 30th small grains summary report where it showed reduced production by about 51 million bushels relative to what we had been expecting ...

The Department of Agriculture's latest World Agriculture Supply and Demand report, also known as the WASDE, offered little change from February estimates. Released Tuesday, the supply and demand outlook for 2020/21 U.S. wheat is mostly unchanged this month, but there are offsetting by-class changes to exports and imports ...

When looking at the most recent WASDE report, what were some of the biggest changes when it came to the global wheat supply? "Basic story is that world production is down this month quite a bit relative to where we expected it to be last month and that reflects reductions in our expectations of production in the EU, in Russia, and Northwest Africa," noted World Agriculture Outlook Boar

The new marketing year for U.S. wheat starts up here in a few days, June 1st, and USDA analysts are projecting a year in which, stocks are declining but prices aren’t increasing. USDA Outlook Board Chariman, Mark Jekanowski, said he is looking at yet another year of declining American wheat plantings, likely the lowest wheat acreage ever. Pro ... Read More ...

Sometimes the export demand for US crops is effected by more than just simple supply and demand economics. USDA Outlook Chairman, Mark Jekanowski, said sometimes policy decisions made by foreign governments can change things. Two examples: first, the Chinese policies on how much of what US products it will but to fulfill the phase one trade agreement ...

The nation’s livestock industry appears to be adjusting to the COVID-19 pandemic and the slowdown of the global economy. And as Gary Crawford points out, USDA analysts adjusted their livestock industry forecast Thursday. Speaking of those WASDE numbers, the wheat outlook expects lower exports, reduced domestic use, and increased ending stocks. The ...

On Monday, Chief Economist Robert Johansson Monday announced that Dr. Mark Jekanowski has been appointed World Agricultural Outlook Board Chairman. Jekanowski is currently acting Board chairman and will assume his new duties on March 29. Johansson said Jekanowski brings “extensive experience in domestic and global agricultural commodity markets and deep understanding of the World Agricultural Bo