Mark Jekanowski

USDA's January WASDE report did not make month-over-month changes to the milk production forecast. "Staying, most notable, the dairy product supply and demand and dairy product balance sheet, in general, is just that product prices have been very strong and high U ...

The main alterations on the U.S. balance sheet for wheat come thanks to changes in trade. "We reduced our import forecast by 10 million bushels; reflecting a slow pace of imports.  This is almost entirely hard red spring and Durham wheat coming from Canada, but supplies in Canada are also very tight," World Ag Outlook Board Chair Mark Jekanowski said the latest USDA forecast also reduced

Currently the global focus, when it comes to wheat, is Argentina. World Ag Outlook Board Chair Mark Jekanowski said harvest in the South American country is nearly complete at this point. When farmers were planting this year’s crop, they were struggling with dry conditions. “ ...

USDA will issue commodity outlooks for 2022 at its annual Agricultural Outlook Forum in February. "The people that are, I think, primarily interested in this information are the folks who buy and sell these commodities and create these commodities ...

Once again, the USDA has reduced its month over month milk production forecast for 2021-22. "For 2021 that highly reflects lower cow inventories at this point," said World Agricultural Outlook Board Chair, Mark Jekanowski. "But for 2022 we expect those lower inventories, lower cow numbers to continue ...

The USDA's most recent look at beef production and price, included adjustments to the Department's 2021 calendar year, with the production forecast increased by ten million pounds. So, what's expected for 2022? "No change to beef production, but noteworthy that beef production year over year, we are anticipating it to be down," noted World Agricultural Outlook Board Chair, Mark Jekanows

The USDA is out with the latest import and export numbers when it comes to wheat supply and demand. "With wheat this time of year, we're really, mostly attracting trade data, export/import data as it continues to come in," noted USDA World Agricultural Outlook Board Chair, Mark Jekanowski ...

When it comes to the global wheat picture, the USDA focuses Australia. "For the harvest that is currently underway, we increased our production forecast for Australia by 2.5 million metric tons. Up to 34 million tons.  That would be the second highest production on record." ...

If you have wheat to sell, then for you are sitting in a good position. USDA Outlook Board Chairman Mark Jekanowski said futures prices, of course, for wheat, certainly remarkable. "Across all the classes, soft red winter, hard red winter, spring wheat; there all at 10 year highs, or more than 10 years ...

What changes were made to the WASDE report when it comes to wheat? "Mainly incorporating changes from the September 30th small grains summary report where it showed reduced production by about 51 million bushels relative to what we had been expecting ...