Uncertainty clouds global corn picture

By Grain Brokers Australia
Updated September 16 2020 - 7:04am, first published September 15 2020 - 6:00pm
A new USDA report has pegged global wheat production at 770.5 million tonnes but corn supply estimates are more uncertain. PHOTO: Bloomberg
A new USDA report has pegged global wheat production at 770.5 million tonnes but corn supply estimates are more uncertain. PHOTO: Bloomberg

Those involved in global grain markets spent last week preempting the thoughts of the 'number crunchers' at the United States Department of Agriculture (USDA) and, when its latest World Agricultural Supply and Demand Estimates (WASDE) report was released on Friday, the contents were largely as the trade had anticipated.

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