USDA To Delay October Supply/Demand Report

USDA To Delay October Supply/Demand Report

Spencer, IA: A spokesperson confirmed Monday that the Agriculture Department will not publish its Crop Production and Supply & Demand reports this Friday.

In an email the USDA’s Courtney Rowe said the agency would not issue a WASDE report this week due to the lapse in federal funding. Rowe went on to says it is still unclear if USDA will issue the report later in the month or skip the October report altogether.

Market watchers have speculated that a prolonged shutdown would lead to the cancellation or delay of the October reports.

Numerous other reports that guide ag markets also haven’t been issued, including weekly reports on export sales and crop progress.

The Agricultural Marketing Service generates cash price data on many commodities, but those reports have also stopped during the government shutdown.