Commodity Markets
The World Agricultural Outlook Board (WAOB), within the office of the Chief Economist, serves as USDA’s focal point for economic intelligence and the commodity outlook for U.S. and world agriculture. It coordinates, reviews, and approves the monthly World Agricultural Supply and Demand Estimates (WASDE) report, as well as the Department’s annual, ten-year agricultural commodity market projections. The WAOB also releases annual projections covering agricultural commodities, trade, and aggregate indicators of the sector for the next decade. The monthly World Agricultural Supply and Demand Estimates Report and the long-run projections are available in the Agricultural Baseline Report. In addition, in February each year, the USDA Chief Economist releases preliminary projections for domestic supply and demand of agricultural commodities at USDA’s Agricultural Outlook Forum.
NEWS & EVENTS
April 29, 2025 : The Spring Data Users’ Meeting will be held from 12 – 2:30 p.m. ET. This meeting will be held virtually on Zoom, is free to attend, and is open to the public. Registration is required to attend. Register to attend | Detailed Agenda
