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Live Updates  >  Live Update Details

2025-11-01 07:37:11

[US Department of Agriculture Confirms Key Crop Report to be Released in November] According to a notice released on the website of the US National Agricultural Statistics Bureau, the agency has confirmed that it will release its crop production report and global agricultural supply and demand forecasts on November 14. This highly anticipated report was originally scheduled for release on November 10, but due to the near-shutdown of the US government since October 1, there were doubts in the industry about whether the report could be released on time. This upcoming report is of special significance as it will include the first official US government forecasts for US corn and soybean production since September. When the previous report was released in September, harvesting had not yet fully commenced in most of the US Midwest, meaning that the November report will, for the first time, provide the market with more accurate production forecasts based on data closer to the harvest season. This news alleviates concerns in the agricultural market about data gaps. During the government shutdown, the lack of key agricultural data created uncertainty for grain traders, farmers, and food companies, affecting market assessments of the global food supply situation.

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