What To Know Before July WASDE Report

An article on Successful Farming

The July World Agricultural Supply and Demand Estimates (WASDE) report is due Friday, July 10. Going into the report, here is what farmers need to know about the U.S. corn, soybean, and wheat markets, and what Grain Market Insider will be looking for in the updated balance sheets.

The June WASDE report showed U.S. old-crop corn carryout increasing by 3 million bushels, while old-crop soybeans and wheat remained unchanged. The new-crop ending stocks estimate for corn decreased by 3 million bushels, soybeans were unchanged, and wheat stocks were reduced by 18 million. 

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