June WASDEs typically provide few surprises and little market movement. Taken individually, not one of USDA’s new estimates and projections is very surprising. Collectively, they emphasize a trend that markets have been slow to acknowledge, which is that U.S. and world supplies of grain and soybeans have declined in 2017/18 and are almost certain to decrease further in 2018/19. This has sponsored a generally bullish reaction from futures markets. The tables below show the key numbers from the June WASDE released today. Please note that all those for 2018/19 (except for U.S. wheat production) are USDA projections rather than estimates.
USDA estimates combined U.S. ending stocks of corn, soybeans and wheat will be 3.687 billion bush...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Kolkwitzia amabilis /kɒlˈkwɪtsiə əˈmæbɪlɪs/,[2] commonly known as beauty bush, is a species of flowering plant in the family Caprifoliaceae. It is the sole species in genus Kolkwitzia.[1] It is a deciduous shrub grown as an ornamental plant. In China, where it originated, the plant is cal...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
