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Full Coverage of the June 12 USDA Reports

June 12, 2012
USDA Farmland

See all of the report data, coverage and analysis of the June 12 World Agricultural Supply and Demand Estimates and Crop Production reports.


News and Analysis

Reports Supportive, but Wheat Futures Down
Wheat futures initially fell after USDA's June 12 Crop Production report reduced the anticipated 2012 harvest less than expected.

WASDE Report Reflects Enormous Production Push by U.S. Dairies
June’s milk output estimate shows largest year-over-year increase since 1999.

AgWeb Radio: Closing Commentary 6-12-12
Kevin Van Trump of Farm Direction said the market was wild when the report was released. No question now that weather is the main issue.

AgWeb Radio: Midday Commentary 6-12-12
Tom Grisafi of Indiana Grain Company said the market went well when the report was issued -- grains were up and down but now seem to be going a bit lower. Corn number were not changed much. Beans are responding a bit positive to report.

AgWeb Radio: Opening Commentary 6-12-12
Mike Howlett of Top Third Ag Marketing says the market was open when the USDA report was released and there were great market moves in the first five minutes. The report is negative for corn and wheat and fairly friendly for beans. Mike provides the important numbers.


Blog Commentary

Standard Grain: Quick USDA Report Summary

Grain Hedge: June 12 WASDE Analysis

Farmland Forecast: WASDE: Corn Balance Sheets Remain Unchanged 

Soybean, Corn, and Cattle Daily Numbers & Trade Ideas: WASDE Report 6/12/12
The Allendale Wake-Up Call: Counting Down To USDA Report at 7:30 AM
Current Marketing Thoughts: A Few Surprises on Tomorrow's USDA Report?






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