USDA released its May World Agricultural Supply Demand Estimates (WASDE) report on May 10 with an initial assessment of U.S. and world crop supply and demand prospects and U.S. prices for 2018/19, as well as the latest wheat production forecast for 2018.
In addition, on May 11, the Stats Can Stocks of Principal Field Crops report was released for Canada.
MGEX provided a crop commentary call on both reports this week featuring industry analysis. Links to both calls are provided here.
Peter Georgantones of Abbott Futures, Inc. commented on the USDA reports.
USDA report analysis 5-10-18
Bruce Burnett of Glacier Farmmedia provided commentary for Canada report.
Stats Can report analysis 5-11-18