About this episode

The episode discusses the USDA's January WASDE report and its implications for consumers and global grain prices.

Last Friday the USDA released a catalogue of data: the January WASDE, quarterly grain stocks, and Winter Wheat and Canola Seedings. The releases were largely bearish and confirmed the views held in our 2024 outlook ( Buyers sail home on rising supplies ) of higher-than-expected production and weaker demand. Consumers who have been disciplined are now being rewarded in terms of lower global G&O prices. Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer

People in this episode

Host: Rabobank RaboResearch Food & Agribusiness

Topics covered

• USDA report
• grain stocks
• WASDE
• global prices
• consumer behavior

Keywords

• USDA
• WASDE
• grain stocks
• Winter Wheat
• Canola Seedings
• global prices
• consumer discipline

Mentioned in this episode

Organizations: USDA, Rabobank

Products: Winter Wheat, Canola Seedings

More episodes of RaboResearch Agri Commodities

• Is there a global food crisis coming? · April 29, 2026 · 23 min
• The cocoa crash explained · February 9, 2026 · 13 min
• Coffee prices: Short term and long term diverge · October 15, 2025 · 17 min
• The WASDE whispers: What markets did not hear on June 12 · June 16, 2025 · 16 min
• Espresso economics: The coffee rally explained · December 9, 2024 · 18 min
• The cocoa rally explained · March 1, 2024 · 15 min

Explore listener stats, chart rankings, contacts and more on the RaboResearch Agri Commodities podcast page.