USDA cuts US soybean estimates below market expectations; stocks unchanged: WASDE
The US Department of Agriculture has slightly reduced its estimate for US soybean production, missing market expectations, while keeping ending stocks in 2024/25 unchanged, the World Agricultural Supply and Demand Estimates (WASDE) report showed on Friday October 11.
Already subscribing? Please log in.
Schedule Live Demo
Live news, price data, forecasts and analysis for agriculture buyers and sellers
In your live demo, you can choose to explore the following capabilities:
- Live news: full coverage of the wheat, corn, soy and barley markets
- Price assessments: daily spot and forward prices
- Tender dashboard: see who has won each tender and at what price
- Export trade dashboard: track all the latest data
- Crop forecast table: all the key analysts and organisations
- News archive: fully searchable, full history
Sign up today and someone in our team will be in touch with you shortly