Urner Barry Releases November Soy & Wheat Report
In the latest WASDE report, the USDA stated the outlook for 2022/23 wheat for November is stable supplies, increased domestic use, unchanged exports, and slightly lower ending stocks. Total domestic use is projected to be 5 million bushels higher at 1,093 million bushels as an increase in food use more than offsets a decrease in seed use.
Globally, the 2022/23 wheat outlook calls for increased supplies, consumption, trade and ending stocks this month. Supplies are projected up 1.3 million tons to...
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