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Farm Progress

Farm Progress America, Dec. 11, 2023

Mike Pearson goes over the latest WASDE report.

December 11, 2023

The December WASDE report was released on Friday. It was a mixed bag of updates for production and commodities, says Mike Pearson. South American corn production is expected to be stable. Corn ending stocks did increase slightly. In soybeans, analysts expect steady performance. USDA did cut South American expected production. Wheat’s export expectations increased. Beef production could increase in the next year, and prices could decline. Pork could also see higher production.

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