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Live: U.S. Department of Agriculture's January WASDE briefing to be held this morning

The USDA will release four major reports on Jan. 12: The Crop Production Estimates, the January World Agricultural Supply and Demand Estimates, Quarterly Grain Stocks and Winter Wheat Seedings.

A mid-season corn field butts up against a soybean field.
Trade expectations are that the USDA will slightly increase corn and soybean yields in its reports coming out Jan. 12.
Erin Ehnle Brown / Grand Vale Creative LLC
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The U.S. Department of Agriculture will release four major reports on Jan. 12: The Crop Production Estimates, the January World Agricultural Supply and Demand Estimates, Quarterly Grain Stocks and Winter Wheat Seedings.

According to Randy Martinson of Martinson Ag Risk management, trade estimates expect a slight increase in corn and soybean yields, a slight increase in harvested acreage for corn and a slight decrease in harvested acreage for soybeans. On the demand side, Martinson said expectations are USDA will decrease wheat and corn exports and may also lower corn's ethanol and feed demand estimates and crush estimates for soybeans.

You can watch the January Crop Production and WASDE Agricultural Statistics Board Briefing live right here at 11:05 a.m. Central time.

Read more market news:
Randy Koenen of Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discuss what's going on in the agriculture market around the world on the Agweek Market Wrap.
Reports of moisture and higher than expected exports were friendly to markets to start February off on a positive.
Canada has tightly controlled supplies of dairy, eggs and poultry since the 1970s, restricting how much farmers can produce and limiting imports through onerous tariffs.
But even with the added acres, a multi-year drought that has gripped the key Plains wheat belt puts harvest prospects in doubt.
The number of cows going to slaughter is far above the five-year average. Attendees of the annual Cow Calf Days tour in Minnesota heard the latest on cattle trends.
Don Wick of Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discuss what's going on in the agriculture market around the world on the Agweek Market Wrap.

Related Topics: MARKETSCROPS
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