WASDE Highlights

The USDA released their monthly World Ag Supply and Demand Estimates report for September (WASDE).  There were almost no balance sheet changes for wheat.  However, there were some interesting adjustment made that impacted corn and soybeans.

Corn’s yield per harvested acre was adjusted higher.  The August 2018/19 forecast was for 178.4 bushels per acre, September was bumped up 2.9 bushels to…