Weekly Outlook: USDA Reports Confirm Expectations
US - On 12 May, the USDA released the first forecast of the size of the 2009 US winter wheat crop; revised forecasts of 2008-09 marketing year consumption of corn, soybeans, and wheat; and the first projections of supply and consumption prospects for the 2009-10 marketing year, writes Darrel Good, Extension Economist at the University of Illinois.