The World Agricultural Outlook Board (WAOB) serves as USDA’s focal point for economic intelligence and the commodity outlook for U.S. and world agriculture. The Board coordinates, reviews, and approves the monthly World Agricultural Supply and Demand Estimates (WASDE) report, houses OCE’s Joint Agricultural Weather Facility, and coordinates USDA’s Agricultural Outlook Forum.
Each month, the U.S. Department of Agriculture (USDA) publishes crop supply and demand estimates for the Nation and the world. These estimates are used as benchmarks in the marketplace because of their comprehensive nature, objectivity, and timeliness.
The statistics that USDA releases affect decisions made by farmers, businesses, and governments, by defining the fundamental conditions in commodity markets. When using USDA statistics, it is helpful to understand the estimating procedures used and the nature and limitations of crop estimates.
Here are Supply and Demand estimates from the Department of Agriculture.
Click here to go to the World Agricultural Supply and Demand Estimates Report (WASDE).