Latest News From Report Reactions

USDA Report Reaction - Soybean plantings estimate sharply below expectations at 88.325 million acres

Estimated corn plantings raised more than expected to 89.92 million ac., all wheat acres also above expectations.

U.S. pork producers continued herd contraction - USDA

Pigs kept for breeding down slightly less than analysts expected.

USDA's Cattle on Feed report shows larger than expected drop in placements

June 1 inventories up 1.2% from year-earlier, lower than projected.

USDA Projects Smaller Ending U.S. Corn Stocks for 2022-23, Higher Soybean Supplies

USDA also expects a drop in 2022-23 global wheat production and supplies.

USDA Reports Snapshot

The USDA increased U.S. and global wheat and corn carryout numbers above pre-report estimates. Meanwhile, U.S. and global cotton and soybean carryout numbers were under pre-report estimates.

PF Reaction: Bigger-than-expected corn, bean crops drive ending stocks higher than anticipated

Your editors highlight the main takeaways from today's WASDE and Crop Production Reports.