KSU “Quick Analysis” Calculations of USDA July Reports – Focusing on World Wheat and Coarse Grains

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the July 11th USDA World Agricultural Supply and Demand Estimates (WASDE) report (here) can be found on the Kansas State University AgManager.info website (http://www.agmanager.info/).

The specific web address for this downloadable MS Excel Spreadsheet is found here:  http://www.agmanager.info/marketing/outlook/newletters/default.asp

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The spreadsheet contains a comparison of USDA July forecasts with a) prereport trade estimates, b) last month’s June 2013 WASDE projections, and c) projections for a year ago.  Key information is contained on the following:

A. U.S. crop production forecasts for 2013 corn, soybean, grain sorghum, and wheat in total and by class

B. U.S. ending stocks projections for the “new crop” 2013/14 marketing year for major crops

C. World ending stocks projections for the “new crop” 2013/14 marketing year for major crops

The worksheet also contains a more extensive analysis of the July WASDE report results in regards to world wheat and world coarse grain supply-demand results, focusing on country-by-country (or region-by-region in many cases) projections of production, imports, exports, domestic feed use, and ending stocks.

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Grain Elevators at Mingo, Northwest Kansas (Source: Grant Heilman/Grant Heilman Photography, http://www.britannica.com/EBchecked/media/96181/Grain-elevators-Mingo-northwestern-Kansas)

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