Imagine a future where farmers have AI as their right-hand helper, handling the busywork while they focus on growing better crops. It’s coming sooner than you think.
USDA raised its outlook for global wheat production by 1.1% in its December WASDE report. The increase was thanks in part to gains in several major growing countries like Canada, Australia, and Russia
June was a quiet month for the World Agricultural Supply and Demand Estimates, better known as the WASDE.
“We didn't have a bunch of last-minute policy changes we had to incorporate in the WASDE," said USDA chief economist Seth Meyer. "No firm...
USDA’s May World Agricultural Supply and Demand Estimates, better known as the WASDE, typically draws a lot of interest, since it’s the first look at crop commodity production, use, trade and price trends for the new marketing year. World Agr...
For the meat trade picture, USDA's March WASDE report raised it's beef export forecast by 30 million pounds to 3.3 billion pounds.
"That really just reflects observed data," said World Ag Outlook Board Chairman Mark Jekanowski. "So, updating the data based on the latest numbers from January and we saw a little bit of a bump in exports to China
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The latest World Agriculture Supply and Demand report largely focused on global market conditions. The outlook for U.S. wheat this month is for stable supplies, lower domestic use, reduced exports, and higher ending stocks. The projected season-average farm price increased $0
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