USDA WASDE Report

Feb 08, 2021


Grain Bin

WASDE Report

Tuesday February 9th at 11:00 am is the release of the USDA WASDE (World Agricultural Supply and Demand Estimates) monthly report. The key numbers to watch in this report are the 2020/2021 ending stocks numbers, which are currently very tight. Corn ending stocks were projected to be 1.5 billion bushels in the January report and soybeans were projected to be 140 million bushels. Traders expect these carryout numbers to be reduced in the February report.


If you’d like to discuss these report numbers and the price reaction after their release, please do not hesitate to reach out to Jory by using the form below or calling our Westby location.
 

Jory Bossuyt

Grain Lead & Merchandising
 

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