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Coverage, Analysis of the Feb. 8 USDA Reports

February 11, 2013
 
 

See all of the report data, coverage and analysis of the Feb. 8 World Agricultural Supply and Demand Estimates and Crop Production reports.

 

News and Analysis

 

Wheat Supply and Demand Balance Improving
Feeding of wheat by livestock producers remains strong, while persistent drought in the Great Plains continues to threaten prospects for the nation’s hard winter wheat.
 

Needed: Below-Average Crop in 2013
Export demand continues to wane, meaning that last thing the U.S. needs is a record or even average crop this year, says Jerry Gulke.
 

Brazil’s Record Soybean Production to Hit Market Soon
Timely rains that are expected to improve soybean yields, convinced USDA to increase its forecast for bean production in the South American country.


USDA Foresees More Milk Produced in 2013

WASDE report projects still-strong milk prices, higher milk-cow numbers and larger milk-per-cow forecasts.


Soft Exports Cut Corn Price Outlook, Raise Stock Levels

Dwindling exports and increased competition have combined to reduce the price outlook for corn and raise expected ending stocks.

 

AgWeb Radio: Midday Commentary 2-8-13
Kevin Van Trump of Farm Direction provides a very brief summary of the report and what it could mean to future prices.

 

Blog Commentary

Farmland Forecast: WASDE: Brazil to Produce Record Soybean Crop

Grain Hedge: Feb USDA Report Analysis

Hedging Corn and Soybeans: WASDE Report for 2/8/13

The Allendale Wake-Up Call: Light Volume but USDA Will Change That at 11:00 CST

 

Reports

WASDE

WASDE: World Corn Production Up 2.1 Million Tons

WASDE: Soybean Ending Stocks Down 10 Million Bushels

WASDE: Wheat Ending Stocks Drop 25 Million Bushels

WASDE: Higher Cotton Exports Due to China Demand

Total Red Meat Production Raised, Beef Exports Unchanged

WASDE: Rice Balance Sheets Unchanged

 

Crop Production

Feb. 8 Crop Production: Crop Area Planted, Harvested

 

 

Live Discussion

Read what farmers are saying about the upcoming reports. See: Markets & Economy

 

twitterFind out what traders and others are saying about the reports on Twitter: AgWeb's Market Tweets
 

See how the reports are affecting prices. Visit the AgWeb Markets Center.

 


 

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