Page 75 - Demand Estimates News Today

Grain prices looking good for 2022 and 2023 2022-05-17

High input costs and Ukrainian war shrink global harvested corn, wheat acreages

South America currently has most significant risk of yield reductions due to tight fertilizer market.

The May World Agricultural Supply and Demand Estimates gives the first look at USDA’s supply and demand expectations for the newest marketing year since the USDA Agricultural Outlook Forum in February. This is the highlight…

Russia could be on course for a record wheat crop this year, strengthening the role of the world’s biggest wheat exporter at a time when its invasion of Ukraine may help to trigger the first decline in global production since 2018-19. The US Department of Agriculture projected a 5 million mt fall in global wheat ...

India placed a ban on exports as of May 13, blocking a huge supply from the markets at a time when global supply was already falling after Russia’s invasion of Ukraine. The Indian government restricted wheat exports to rein in domestic prices of the food grain, according to a May 14 notice from the Directorate ...

As the world’s wheat and corn importers struggle to assess the longer-term impact of Russia’s invasion of Ukraine, May 12 will provide the first opportunity to see the US Department of Agriculture’s production and export estimates for the marketing year 2022-23 (July-June). The March and April editions of the USDA’s World Agricultural Supply and Demand ...

For Ukraine's three main export crops, sunflower production is forecast to be off by 37%, wheat production down by more than 35% and corn production off by 54%, the U.S. Department of Agriculture said on Thursday, May 12, 2022 in its World Agricultural Supply and Demand Estimates.

Weather continues to be the main driver, as cool wet conditions in the northern Plains keep producers out of the field while in the southern Plains hot dry conditions reduced the potential size of the winter wheat crop. Corn and soybeans were under pressure from favorable weather forecasts.

May WASDE Report Shows Lower Corn, Higher Soybean Production