Breaking down WASDE numbers

This week on SUNUP Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson joins host Lyndall Stout to discuss the most recent World Agricultural Supply and Demand Estimates (WASDE) report released Thursday by the USDA. According to Anderson, little has been changed in this report from the previous one last month with the exception of soybean production, which was increased from 4.28 billion bushels up to 4.31 billion and ending stocks for beans came in larger than the previous 385 million bushels, up to 580 million and lowered the average annual projected soybean price down 75 cents to 0.092. –Oklahoma Farm Report Read more…