News > Co-op News > USDA WASDE Report

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
 

Latest Posts

Protect and Maintain your Equipment
Mar 20, 2025
Planting season is one of the busiest times of the year, and ensuring your equipment is well-maintained and protected can help prevent costly breakdowns. Preparing now by using high-quality lubricants and grease, performing regular oil analyses, and enrolling in the Cenex Total Protection Plan® will keep your equipment running smoothly when you need it most. 

 
Spring 2025 Energy Market Update
Mar 18, 2025
Over the past few weeks, crude oil prices have seen a welcome decline. However, recent geopolitical events—including airstrikes on the Houthis in Yemen, renewed conflict in Gaza, and a weaker dollar driving crude demand—have led to price stabilization for now.
Spring 2025 Fertilizer Market Update
Mar 18, 2025
The fertilizer industry buzz continues to revolve around tariffs, what they will look like, when they will be put in place, if at all, and how it impacts pricing of those commodities going forward. For now, tariffs are messy as there are more questions than answers. Outside of the tariff news, fertilizer market news continues to reflect the narrative and trend from the first of the year.

Related Topics

General
Agricultural
Residential
Commercial
Premier Co-op
Cenex Lubricants

Protect and Maintain your Equipment

Planting season is one of the busiest times of the year, and ensuring your equipment is well-maintained and protected can help prevent costly breakdowns. Preparing now by using high-qua...

Mar 20, 2025
Premier Co-op
Propane Tank

Spring 2025 Energy Market Update

Over the past few weeks, crude oil prices have seen a welcome decline. However, recent geopolitical events—including airstrikes on the Houthis in Yemen, renewed conflict in Gaza, ...

Mar 18, 2025
Premier Co-op
Propane Tank

Spring 2025 Fertilizer Market Update

The fertilizer industry buzz continues to revolve around tariffs, what they will look like, when they will be put in place, if at all, and how it impacts pricing of those commodities go...

Mar 18, 2025
Premier Co-op
Logo

From the Manager's Desk

With spring just around the corner, your cooperative is gearing up for another one of our seasonal rushes… spring planting season. Not only will we see our total employee count p...

Mar 03, 2025
SEE ALL CO-OP NEWS