KSU “Quick Analysis” Calculations of USDA March 9th Reports – Lower World Wheat, Corn, and Soybean Ending Stocks

A KSU “quick analysis” worksheet of the key grain marketing-related information found in the March 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 March 9, 2016 U.S. and Foreign grain supply-demand and market price forecasts for the “new crop” 2015/16 marketing year for corn, wheat, soybeans and grain sorghum, with comparisons to a) pre-report trade estimates, and b) last month’s (February 2016) USDA grain production, supply-demand, and price projections.  Key information is contained on the following:

A. United States’, Brazil, Argentina and Total World crop production forecasts for 2014 corn, grain sorghum, wheat and soybeans.

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

The worksheet also contains a more extensive foreign country-by-country analysis of the March 9th WASDE report results in regards to World wheat, coarse grain, corn and soybean supply-demand, focusing on country-by-country (or region-by-region in many cases) projections of production, imports, exports, domestic feed use, total domestic use, ending stocks, and stocks-to-use.

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The Smoky Hill River running toward Kanopolis Lake in Central Kansas  (Source: http://www.geology4today.com/geology-of-kansas.html)


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