Tag: WASDE
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USDA Reports Pressure Corn Prices, Raise Yield Outlook
WASHINGTON — Higher corn and soybean production estimates are adding pressure to grain markets following the release of USDA’s October 9 Crop Production and World Agricultural Supply and Demand Estimates reports. The biggest surprise came in corn, where USDA increased its projected national average yield to 181.2 bushels per acre, up 2.7 bushels from September.…
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WASDE Lowers Beef Outlook While Poultry Production Grows
The latest World Agricultural Supply and Demand Estimates report is projecting lower beef production over the next two years while poultry output continues to expand and milk production trends higher. For 2026, USDA trimmed its beef production forecast after seeing a slower pace of fed cattle marketings. Fewer steers and heifers moving through feedlots are…