ao link

Markets Extra

Linked In

Data in the April 9 Wasde, and how they compare with market expectations


The US Department of Agriculture on Tuesday revealed its April edition of the Wasde report on world crop supply and demand.


Below, key data, and how they compared with results of Reuters surveys on what investors expected.




Wasde data on 2018-19 world and US corn, soybean and wheat closing stocks

USDA estimate
Change from previous estimate
Difference from market forecast

US corn (m bushels)


2,035 +200 +44

US soybeans (m bushels)

895 -5 -3

US wheat (m bushels)

1,087 +22 +15

World corn

(m tonnes)

314.01 +5.48 +2.81

World soybeans

(m tonnes)

107.36 +0.19 -0.64

World wheat

(m tonnes)

275.61 +5.08 +4.61







Wasde data on 2018-19 Argentine and Brazilian corn and soybean harvests

USDA estimate
Change from previous estimate
Difference from market forecast

Argentine corn

(m tonnes)

47.00 +1.00 +0.6

Argentine soybeans

(m tonnes)

55.00 unchanged -0.4

Brazilian corn

(m tonnes)

96.0 +1.50 +1.2

Brazilian soybeans

(m tonnes)

117.00 +0.50 +0.8









Related Stories

Evening markets: Grains suffer touch of late-week profit taking

The likes of corn and wheat trade lower in closing deals of a positive week. But the vegetable oil complex, and canola, stay strong

Soybeans vs corn deadlock breaks in battle for acres

There has been some movement at last in the new soybeans-versus-corn price ratio, seen as an influence on sowing area. Cotton stakes its claim too

Weekly grain and oilseeds market view from Europe, April 16

UK wheat import needs to extend into early 2021-22... Cold European temperatures... "Rapeseed prices may be firm for a while"...

India's monsoon rains forecast to be average in 2021 - weather office

Monsoon rainfall is expected to total 98% of the long-term average, the Ministry of Earth Sciences says
Home | About | RSS | Commodities | Companies | Markets | Legal disclaimer | Privacy policy | Contact

Our Brands: Comtell | Feedinfo | FGInsight

© 2021 and Agrimoney are trademarks of Agrimoney Ltd
Agrimoney is part of AgriBriefing Ltd
Agrimoney Ltd is registered in England & Wales. Registered number: 09239069