USDA Supply & Demand WADSE Report 11/8/2019

USDA WASDE Report: U.S. Agriculture Supply and Demand Estimates released November 8th, 2019.

 

U.S. Stockpiles (million bushels)
  Current Month Proj. 2019/2020 Prev Month Proj. 2019/2020 USDA 2018/2019 Estimated Estimate Range
Corn 1,910 1,929 2,114 1,799 1,479-1,959
Soybeans 475 460 913 429 306-521
Wheat 1,014 1,043 1,080 1,035 995-1,078
           
World Stockpiles (million metric tons)
  Current Month Proj. 2019/2020 Prev Month Proj. 2019/2020 USDA 2018/2019 Estimated Estimate Range
Corn 295.96 302.55 320.06 299.5 291.1-304.1
Soybeans 95.42 95.21 109.66 95.0 88.0-109.4
Wheat 288.28 287.80 277.9 286.8 285.4-287.8
           
Brazil Production (million metric tons)
  Current Month Proj. 2019/2020 Prev Month Proj. 2019/2020 USDA 2018/2019 Estimated Estimate Range
Corn 101.0 101.0      
Soybeans 123.0 123.0      
           
Argentina Production (million metric tons)
  Current Month Proj. 2019/2020 Prev Month Proj. 2019/2020 USDA 2018/2019 Estimated Estimate Range
Corn 50.0 50.0      
Soybeans 53.0 53.0      

 

 

Source: USDA

 

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This information contained in this presentation is not to be construed as an offer to sell or a solicitation or an offer to buy commodity futures or options. The factual information herein has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy.  Futures trading involves substantial risk of loss and is not suitable for all investors. Each investor must consider whether this is a suitable investment since you may lose all of or more than your initial investment.  Past performance is not indicative of future results.