USDA forecast: More corn and less wheat available

The world has more corn available than expected. But the availability of wheat is less than previously estimated. The United States Department of Agriculture (USDA) estimates the availability of soybeans to be roughly equal to the outlook outlined in the January forecast. The USDA publishes the Wasde report every month, which provides an overview of the world’s supply and demand for key agricultural commodities. Excess of wheat, shortage of corn For wheat, the USDA estimates production in t