KSU “Quick Analysis” of the ‘Numbers’ in the USDA April 9, 2015 WASDE Report for Grains

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the April 9th USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports 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 April 10th U.S. and Foreign grain supply-demand and market supply-demand forecasts for the “current crop” 2014/15 marketing year for corn, wheat, soybeans and grain sorghum, with comparisons to a) pre-report trade estimates, and b) last month’s (March 10, 2015) USDA grain production and other supply-demand projections.  Key information is contained on the following:

A. Brazil, Argentina and Total World crop production forecasts for 2015 corn, grain sorghum, wheat and soybeans.

B. Updated U.S. & World ending stocks projections for the “old crop” 2013/14 marketing year as well as for the “current” 2014/15 marketing year for major crops (corn, sorghum, wheat, and soybeans).

C. Updated U.S. & World ending stocks projections for the “new crop” 2014/15 marketing year for major crops & crop categories (corn, coarse grains, wheat, and soybeans).

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