See all the report data and analysis from today's crop production and supply/demand reports.
Report News and Analysis
AgWeb Radio: WASDE Report Commentary
Jerry Gulke president of the Gulke Group provides a summary of the WASDE report released earlier this morning.
The department left both its U.S. corn and soybean estimates for the 2010-11 carryout unchanged from February, and raised ending stocks of wheat.
Nate Smith of Gulke Group says today’s trade was not a good one for agriculture. March 31 report and future weather will determine tomorrow’s action.
Market experts weigh in on today's reports.
Bob Utterback, Utterback Marketing says market not reacting to report as some would expect. Both the bulls and the bears are disappointed and as a result many are not trading. Outside markets are affecting the ag markets.
Mike Howlett of Top Third Ag Marketing goes through the complete WASDE report reciting the numbers and offering comments on the effect each may have on the market.
ProFarner details the important data from today’s reports.
The grain markets have been weak during the past few sessions on light liquidation and lack of news. Aside from the wheat, today’s report doesn’t really provide traders with anything new or groundbreaking.
U.S. wheat ending stocks for 2010/11 are projected higher this month on reduced export prospects.
World Agricultural Supply and Demand Estimates
Grisafi says the report is important, but how the market reacts to Thursday's WASDE report means more than numbers.
Bob Utterback of Utterback Marketing says both corn and soybeans closed down in anticipation of tomorrow's report. Soybeans are expecting a bearish report; corn could see a bounce-back rally tomorrow.
Greg Milkovich, Roach Ag says opening will be better than last night's close. Tomorrow’s report not expected to alter markets much, however soybean traders will be watching Brazil numbers closely.