USDA’s World Agricultural Outlook Board (WAOB) publishes the monthly World Agricultural Supply and Demand Estimates (WASDE) report. The report contains domestic and international supply and use forecasts for most crops and livestock products. USDA will update its monthly forecasts as more information about relevant supply and demand fundamentals becomes available. Tracking forecast updates and revisions from one report to the next provides a valuable perspective from USDA about what is impacting current and future crop and livestock production.
The graph at the top of this article shows…
