From agriculture.com
Today (March 12), USDA released the March 2025 World Agricultural Supply and Demand Estimates (WASDE) report. While the average trade expectation was for decreased 2024/2025 U.S. corn ending stocks, and slightly higher soybean ending stocks, USDA held both estimates steady month-over-month. U.S. wheat ending stocks, however, were increased more than expected.
“The outlook for 2024/2025 U.S. wheat this month is for larger supplies, unchanged domestic use, lower exports, and higher ending stocks,” said USDA in the report. Read the rest of the article here.