KSU “Quick Analysis” of the ‘Numbers’ in the USDA May 12, 2015 Crop Production and WASDE Reports

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the May 12th 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 presents the results of the USDA’s May 12th U.S., Foreign, and overall World grain supply-demand and market supply-demand forecasts for the “New crop” 2015/16 marketing year for corn, wheat, soybeans and grain sorghum, with comparisons provided to a) pre-report trade estimates, and b) “current crop” MY 2014/15 and MY 2013/14 estimates by the USDA .  Key information is contained on the following:

A. The initial WASDE forecasts of U.S. production and supply-demand and price projections for the “new crop” 2015/16 marketing year as well as for the “current” 2014/15 marketing year for major crops (corn, sorghum, wheat, and soybeans).

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

C. Updated U.S. & World ending stocks projections for the “new crop” 2015/16 marketing year, for major crops & crop categories (corn, coarse grains, wheat, and soybeans).

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