Below is AgWeb's full coverage of the May 9 reports, which include USDA's Crop Production and World Agricultural Supply and Demand Estimates (WASDE).
News & Analysis
USDA reinforced its prediction for record corn and soybean crops in 2014. Jerry Gulke dissects the May 9 round of USDA reports.
The May 9 USDA report puts this year's average new-crop corn price at $4.20 and new-crop beans at $10.75.
The price of corn for July delivery fell 9 cents, or 1.7 percent, to $5.08 a bushel, following the release of USDA's May 9 reports.
Cotton output in U.S., the world’s biggest exporter, may rise 12% this year as farmers boost plantings, the Department of Agriculture said.
The flood of milk next year will pressure dairy prices to lower—but still strong—levels.