KSU “Quick Analysis” Calculations of USDA May 9th Reports – Focus on U.S. and World WASDE Changes

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the May 9th 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 May 2014 U.S. and Foreign grain supply-demand and market price forecasts for both the “current” 2013/14 and “new crop” 2014/15 marketing years, with comparisons to a) pre-report trade estimates, b) the April 2014 USDA grain production and supply-demand projections.  Key information is contained on the following:

A. Brazil and Argentina crop production and supply-demand 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 U.S. ending stocks projections for the “new crop” 2014/15 marketing year for major crops (corn, coarse grains, wheat, and soybeans).

The worksheet also contains a more extensive analysis of the May 9, 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.

https://i2.wp.com/farmfutures.com/cdfm/Faress1/author/252/2014/4/midwest_corn_planting_advances_ahead_rain_cold_1_635340261116316000.jpg

Advancing U.S. Corn Planting in 2014 (Source: http://farmfutures.com/)

https://i1.wp.com/en.mercopress.com/data/cache/noticias/26156/0x0/garin-cargo.jpg

South American Soybean Exports in 2010 (source: http://en.mercopress.com/2010/02/19/abundant-rainfall-anticipate-bumper-soybean-crops-in-brazil-and-argentina)

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