Complete Coverage of Aug. 12 USDA Reports

11:20AM Aug 12, 2014
USDA corn field istock
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Below is AgWeb's full coverage of the Aug. 12, 2014 reports, which include USDA's Crop Production and World Agricultural Supply and Demand Estimates (WASDE).

News & Analysis 

WASDE Report Confirms Predictions of Record Crops in Corn, Soybeans

But a conservative forecast of just more than 14 billion bushels provided support to corn prices, says Jerry Gulke, president of the Gulke Group.

Soybeans Fall to Lowest Since 2010 as USDA Sees Record Harvest

U.S. farmers will harvest a record 3.816 billion bushels this year, compared with 3.8 billion estimated in July, USDA said today.

AgWeb Radio Closing Commentary: 8-12-14

Kevin Van Trump of Farm Direction says the USDA seems to be taking a conservative approach to raising yields. They also seem to be expanding demand possibilities. Expect lower highs and lower lows on prices in the next couple months.

Market Rally - August 12, 2014 Podcast

Chip chats with Dan Hueber of The Hueber Report and breaks down the USDA report that came out today.

AgWeb Radio Midday Commentary: 8-12-14

Tommy Grisafi of Advance Trading says most traders view the report as friendly for corn. A very large equity swing for hogs, with a large price drop. The market is a little volatile.


Blog Commentary

Hedging Corn & Soybeans: WASDE Report for 8/12/14

Howard Tyllas

The Allendale Wake-Up Call: Trade Not Believing Lower than Expected Yield

Paul Georgy

Farmland Forecast: Record Corn Yield Expected for 2014 Due to Favorable Weather

Marc Schober AgWeb Picture 2


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


What do you think of this month's reports? Join the discussion!

World Agricultural Supply and Demand Estimates 

WASDE: Corn Yield Forecast at Record 167.4 Bu. per Acre

WASDE: Record Soybean Yield Estimated at 45.4 Bu. per Acre

WASDE: World Wheat Production Raised to 716.1 Million Tons

WASDE: Ending Stocks of Cotton Now Forecast at 5.6 Million Bales

WASDE: Forecast for Rice Crop Jumps 21%

WASDE: Meat Production Expected to Rise Due to Lower Feed Costs


Crop Production Reports

Crop Production: Soybean Production Up 16% from 2013

Read the full report.

Pre-Report Analysis

Read all of AgWeb's Pre-Report Analysis of Aug. 12 Reports