World Ag Outlook Board

International Issues Pushing Wheat Prices Higher
International Issues Pushing Wheat Prices Higher
International Issues Pushing Wheat Prices Higher
American wheat growers continue to see prices above last season, but will that continue much longer? USDA's Outlook Board Chairman, Mark Jekanowski,  said one source of higher prices is lower projected wheat stock.  "Stocks are getting, you know, for wheat, relatively tight. There's ...
Dairy Industry Expected To Return To Normal Next Year
Dairy Industry Expected To Return To Normal Next Year
Dairy Industry Expected To Return To Normal Next Year
The USDA is forecasting a reduction of volatility for the dairy industry, and a return to normalcy next year. World Ag Outlook Board Chair Mark Jekanowski said the dairy industry, has suffered a lot of volatility this year. It started he noted with the large scale lock down, then some re-opening of food service, food service industry closing again, and then uncertainty about schools and colleges
USDA Reports Tighter Stocks In A Variety Of Crops
USDA Reports Tighter Stocks In A Variety Of Crops
USDA Reports Tighter Stocks In A Variety Of Crops
Mark Jekanowski recently broke down the latest USDA crop report. "And October's a little bit unique because we also incorporate the whole traunch of information that we got on September 30th and that's the grain stocks report and the small gain summary ...
WASDE Report Shows Low Wheat Stocks
WASDE Report Shows Low Wheat Stocks
WASDE Report Shows Low Wheat Stocks
The most recent World Agricultural Supply and Demand Estimates report for October, better known as the WASDE, includes information from two places: USDA's Crop Production Report and Greens's reports that came out September 30th. You know in most cases we're looking a tighter supplies ...
Dairy Production Expected To Remain Strong
Dairy Production Expected To Remain Strong
Dairy Production Expected To Remain Strong
According to World Agricultural Outlook Board Chairman, Mark Jekanowski, American dairy producers have increased milk per cow. And in response, the USDA has increased milk production forecasts for both the current year 2020 and for year 2021 ...
USDA: Beef Sector On Its Way Back To Normal
USDA: Beef Sector On Its Way Back To Normal
USDA: Beef Sector On Its Way Back To Normal
The beef industry is on it's way to getting back to normal. After plant closures and slow downs this spring, USDA Outlook Board Chairman, Mark Jekanowski said slaughter capacity is approaching pre COVID levels. "There is still however a backlog of cattle that would have been slaughtered in March or April that continues to hang over market today although the industry has been working through
USDA: World Wheat Supplies Are High
USDA: World Wheat Supplies Are High
USDA: World Wheat Supplies Are High
Even though American wheat growers will likely see a 4 % year over year drop in the crop size, those growers are still likely to see a cut in average prices because they're driven heavily by international supplies. USDA's Outlook Board Chairman, Mark Jekanowski, said that the world wheat supplies are likely to be about 2% larger this year than last ...
USDA Raises Meat Production Expectations
USDA Raises Meat Production Expectations
USDA Raises Meat Production Expectations
The USDA has raised its estimates of beef, pork, and broiler production. "Basically what we're looking at here for both 2020 and this carries forward in to 2021 as well is just the fact that we are moving toward more of a normalized slaughter/capacity slaughter volume," said World Outlook Board Chair, Mark Jekanowski ...

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