USDA’s May World Agricultural Supply & Demand Estimates (WASDE) crop report introduced an initial 2019-20 crop year production forecast. It implies cash crop receipts across corn, soybean and wheat could decline 6% this year following 1% growth in the 2018-19 crop year.
USDA released its May World Agricultural Supply and Demand Estimates (WASDE) on May 12, and projected growing worldwide competition will keep downward pressure on prices for the three major crops — corn, soybeans and wheat — for the 2015-16 season.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.