KSU “Quick Analysis” Calculations of USDA February Reports – Focus on So. Am. Soybeans and U.S. export prospects

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the February 10th USDA World Agricultural Supply and Demand Estimates (WASDE) report 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

The spreadsheet contains a comparison of USDA February 2014 U.S. and Foreign grain supply-demand and market price forecasts with a) prereport trade estimates, b) the January 2014 USDA grain production, supply-demand, and price projections.  Key information is contained on the following:

A. Brazil and Argentina crop production forecasts for 2014 corn and soybeans.

B. Updated U.S. ending stocks projections for the “current” 2013/14 marketing year for major crops (corn, sorghum, wheat, and soybeans).

C. Updated World ending stocks projections for the “new crop” 2013/14 marketing year for major crops (corn, coarse grains, wheat, and soybeans).

The worksheet also contains a more extensive analysis of the January 10, 2014 WASDE report results in regards to World wheat, coarse grain, corn and soybean 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.

I. Summary Information from February 10, 2014 USDA WASDE Report – Quick Analysis Worksheet (Source: http://www.agmanager.info/marketing/outlook/newletters/default.asp)

https://ksugrains.files.wordpress.com/2014/02/aeb86-soyfarming_row156628037_20101129.jpg

Soybean Harvest in Brazil in 2010 (Source: http://bingfotos.blogspot.com/2010/l)

https://ksugrains.files.wordpress.com/2014/02/debec-img_9561.jpg

U.S. corn in temporary storage near Hershey, in western Nebraska in December 2010 (source: http://www.outbacknebraska.com/2010_12_01_archive.html)

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