How Accurate Are WASDE Reports? Depends On When You Ask

By Todd Hultman

DTN Lead Analyst

Waiting for USDA’s World Agricultural Supply and Demand Estimates (WASDE) report to pop up on my computer screen Tuesday, Nov. 10, I saw the new ending stocks estimate flash up 1.702 billion bushels (bb) and also saw corn prices quickly trading higher, up 10 cents within seconds of the report release.