A KSU “quick analysis” worksheet of the key grain marketing-related information found in the June 10th 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 June 10th U.S. and Foreign grain supply-demand and market supply-demand forecasts for the “new crop” 2016/17 and “current crop” 2015/16 marketing years for corn, wheat, soybeans and grain sorghum, with comparisons to a) pre-report trade estimates, and b) last month’s (May 10, 2016) 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 2016 corn, grain sorghum, wheat and soybeans.
B. Updated U.S. & World ending stocks projections for the “old crop” 2014/15 marketing year as well as for the “current” 2015/16 marketing year for major crops (corn, sorghum, wheat, and soybeans).
C. Updated U.S. & World ending stocks projections for the “current crop” 2015/16 marketing year for major crops & crop categories (corn, coarse grains, wheat, and soybeans).
Kansas Wheat Harvest Underway in 2016 (Source: World Grain.com image – Kansas Wheat Harvest 2016)
