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USDA Data


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March 2020 USDA Supply & Demand

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USDA Report Summary

The USDA released its updated monthly supply and demand numbers today and left all U.S. carryout estimates unchanged from its publication last month.

South American soybean production was increased by 1.22 million tons and world soybean ending stocks were increased by a similar level.

This report will go down as a non-event.

https://www.roachag.com/Portals/0/Wasde/marwasde.png

Source: USDA, Bloomberg

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These data and comments are provided for information purposes only and are not intended to be used for specific trading strategies. This commentary is written as a daily marketing tool to help farmers sell the grain they raise. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. Past performance and testimonials are not necessarily indicative of future results. Commodity trading involves the risk of loss, and you should fully understand those risks before trading.