A few surprises found in WASDE and Crop Production Reports

by | Aug 17, 2022 | 5 Ag Stories, News

The USDA released its World Ag Supply and Demand Estimates and updated Crop Production Reports last week. But there were a few surprises found within them.

Founder, and president of Standard Grain, Joe Vaclavik, talks about the biggest surprise that was found in the reports.

Vaclavik says though there were some surprises in the reports, the corn yield number was not one of them.

Vaclavik says one of the surprises took place in the wheat markets, particularly when it comes to exports.

Vaclavik mentions that it is hard to tell if there will be a chance to boost the U.S. wheat exports.

Vaclavik talks about the USDA?s stocks and its numbers.

The full USDA WASDE report is found here.