USDA WASDE & Crop Production Reports

Sep 11, 2014
Highlights Report

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World Agricultural Supply and Demand Estimates Report (WASDE)
The World Agricultural Outlook Board (WAOB) serves as USDA’s focal point for economic intelligence and the commodity outlook for U.S. and world agriculture. The Board coordinates, reviews, and approves the monthly World Agricultural Supply and Demand Estimates (WASDE) report, houses OCE's Joint Agricultural Weather Facility, and coordinates USDA's Agricultural Outlook Forum.

World Agricultural Supply and Demand Estimates
September 11, 2014                                              WASDE - 533


USDA Released the World Agriculture Supply and Demand Estimates Report (WASDE) today and the market has reacted by pushing futures prices lower.To see the latest market prices and charts click

Markets Quotes & Charts: /markets

Latest Update And Summary 

USDA has raised its U.S. corn and soybean production projections. If realized, we’ll see record crops for both this year.

Corn is now seen at 14.395 billion bushels, up 3% from both the August guess and the 2013 total. The average yield is pegged at 171.7 bushels per acre, nearly 13 more than a year ago. Harvested area is estimated at 83.8 million acres, unchanged from August and down 4% on the year.

Soybeans are pegged at 3.913 billion bushels, a 3% rise from last month and a 19% jump from last year. The average yield is seen at 46.6 bushels per acre, which would be up more than 3 from 2013. Harvested area is expected to be 84.1 million acres, up 11% from a year ago, which would also be a new record.


Full Coverage OF USDA WASDE Report

World Agricultural Supply and Demand Estimates

WASDE: Corn Production for Current Year Forecast 363 Million Bushels Higher

WASDE: Projected U.S. Wheat Supplies for Are Raised 10 Million Bushels

WASDE: U.S. Soybean Production Projected Up 97 Million Due To Higher Yield Forecast

WASDE: U.S. Cotton Beginning Stocks, Production, and Exports Result in Lower Ending

Livestock, Poultry, And Dairy
WASDE: Pork Production For Current Year Is Higher While Beef Production Is Down

Related Reports

USDA: Export Sales Report Release Click here

USDA: Crop Production Report Click here

Darrel Good: Do Big Soybean Crops Always Get Bigger?


World Agricultural Weather Highlights

Latest Report (PDF) Click here

Understanding USDA Crop Forecasts Click here

Commodity Specialists Click here

Source: USDA Wasde


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