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)
Soybean Harvest in Brazil in 2010 (Source: http://bingfotos.blogspot.com/2010/l)
U.S. corn in temporary storage near Hershey, in western Nebraska in December 2010 (source: http://www.outbacknebraska.com/2010_12_01_archive.html)