# World Agricultural Supply and Demand Estimates - The Roosevelt Review

> The USDA's March world supply and demand estimates left the 2022/23 US wheat outlook unchanged at a $9.00 per bushel farm price. Global wheat ending stocks were cut 2.1 million tons to 267.2 million on lower Chinese stocks, despite higher production in Kazakhstan, Australia and India. US corn exports were reduced 75 million bushels on weak sales, raising ending stocks.

- Date: 2023-03-09 · published 2023-03-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12652-world-agricultural-supply-and-demand-estimates-the-roosevelt-review
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower global wheat stocks are supportive for wheat prices, while the larger US corn carryout and cut exports weigh on corn. Feed buyers should expect corn to stay well supplied.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-01-13 | [World Agricultural Supply and Demand Estimates - The Roosevelt Review](https://feedsoft.ai/events/49198-world-agricultural-supply-and-demand-estimates-the-roosevelt-review.md) | +1.4% | -4.7% |
| WHEAT | 2021-07-12 | [July World Agricultural Supply and Demand Estimates \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/46020-july-world-agricultural-supply-and-demand-estimates-the-mighty-790-kfgo-kfgo.md) | -0.8% | +0.2% |
| WHEAT | 2021-01-12 | [New WASDE: World Agricultural Supply & Demand Estimates \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/49094-new-wasde-world-agricultural-supply-and-demand-estimates-the-mighty-790-kfgo.md) | +2.3% | -3.8% |
| WHEAT | 2023-03-22 | [AAFC supply/demand estimates mostly unchanged \| Farmtario](https://feedsoft.ai/events/36827-aafc-supply-demand-estimates-mostly-unchanged-farmtario.md) | +11.0% | +4.2% |
| WHEAT | 2022-03-25 | [Farming News - AHDB releases its latest 2021/22 UK cereal supply and demand estimates](https://feedsoft.ai/events/42339-farming-news-ahdb-releases-its-latest-2021-22-uk-cereal-supply-and-demand.md) | +1.7% | -9.1% |
| CORN | 2022-01-12 | [USDA World Agricultural Supply and Demand Estimates January Report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/43265-usda-world-agricultural-supply-and-demand-estimates-january-report-the-mighty.md) | -2.6% | +3.6% |
| CORN | 2018-12-12 | [USDA Release Latest Supply and Demand Estimates -](https://feedsoft.ai/events/61687-usda-release-latest-supply-and-demand-estimates.md) | +1.1% | +1.4% |
| CORN | 2025-10-16 | [Big Corn Acres, Big Crush Volumes, and Big Concerns - The September 2025 USDA World Agricultural Supply and Demand Estimates (WASDE) report delivered several market-moving updates, with implications for both domestic and global grain markets](https://feedsoft.ai/events/22335-big-corn-acres-big-crush-volumes-and-big-concerns-the-september-2025-usda-world.md) | -0.0% | +2.8% |

## Sources

- therooseveltreview.com: https://www.therooseveltreview.com/world-agricultural-supply-and-demand-estimates-16/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.