A KSU “quick analysis” worksheet of the key grain marketing-related information found in the December 9, 2015 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 December 9th 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) “old crop” MY 2014/15 and MY 2013/14 estimates by the USDA. Key information is contained on the following:
A. USDA 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 “old crop” 2014/15 marketing year for major crops (corn, sorghum, wheat, and soybeans).
B. Brazil, Argentina and Total World crop production forecasts for 2015-2016 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).
A Kansas Corn field in Summer 2013 (Source: http://www.ksal.com/failed-corn-sorghum-crops-reported-in-kansas/)
Grasslands in Chase County, Kansas (Source: http://chasecountychamber.org/flint-hills-national-scenic-byway/)