WASDE Reports
Elizabeth Strom with the American Society of Farm Managers & Rural Appraisers (ASFMRA) joined us to share the latest on harvest progress and market activity in her area.
Lower U.S. and Mexican production means tighter sugar supplies and greater reliance on imports headed into 2026.
Lower tariff rates and new rail-service proposals may improve corn movement efficiency during early-season marketing.
Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
USDA’s steady yields and heavy global stocks keep grains range-bound unless demand firms or South American weather becomes a real threat.
USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
The government reopens after 43 days. USDA resumes key reports, weighs farm aid, and watches China’s next move on U.S. soybean purchases.
Friday’s release will be the first WASDE report in about two months, and early estimates indicate a corn surplus is still on the way.
If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.
The WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.