September WASDE increases forecast for US corn production, cuts soybean output figure

September WASDE increases forecast for US corn production, cuts soybean output figure

September 2024 WASDE
The USDA’s September release of the World Agricultural Supply and Demand Estimates (WASDE) update on Thursday September 12 has provided fresh estimates for corn and soybeans, while the US wheat outlook for 2024/25 remained flat from the August report.

US corn forecasts for 2024/25 indicated reduced supplies and a drop in ending stocks, despite higher production levels.

US soybean projections for 2024/25 revealed lower beginning stocks, production and ending stocks.

Corn
US corn production was forecast at 15.19 billion bushels, up by 39 million bu from the August WASDE, with the yield set at a record 183.6 bu per acre, up by 0.5 bu from the previous month’s estimate.

The forecast for US beginning stocks was trimmed by 55 million bu due to increases in exports and corn used for ethanol in the 2023/24 crop year.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets