May 2024 USDA WASDE Report Overview.
The May World Agricultural Supply and Demand Estimates (WASDE) report, published by the USDA, stands out as one of the most significant reports of the year. It offers initial insights into new crop marketing year production, supplies, and usage estimates, alongside updated U.S. winter wheat production estimates and revisions to domestic balance sheets and South […]
USDA Grain Stocks
Corn dips beyond estimates, Wheat comes in on target. According to the USDA, as of September 1, 2023, marking the official conclusion of the 2022-23 marketing year, there were 1.36 billion bushels of corn held in storage. This figure falls within the lower range of pre-report expectations and is a result of the USDA’s revision […]
Sri Lanka’s Agriculture Forces Residents to Seek Loans
Sri Lanka’s Agriculture Dip Forces Residents to Seek Loans to Pay For Necessities. Approximately 40% of households in Sri Lanka rely on agriculture as their primary source of income. From June to December 2022, 20% of these households experienced a reduction in income. To cope with this loss of income, half of affected households […]
