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May 18, 2015
Grain Market Outlook
… tion and 15.472 bb total supplies in “current” MY 2014/15. Projected MY 2015/16 total corn usage of
13.760 bb is a reco … and feed and residual use of
5.300 bb (up 50 mb vs last year). Ending stocks are forecast at 1.746 bb …
November 20, 2014
Grain Market Outlook
… than a year ago but still the third highest on record, and c) World wheat ending stocks and percent
ending stocks‐to‐use would be at th … pcoming January 12, 2015 USDA NASS Crop Production Annual Summary report.
USDA U.S. Wheat Forecast for “New Crop” MY 2014/15: The USDA projected lower 2014 U.S. wheat
production, reduced wheat total use, an increase in ending stocks and % stocks‐to‐use, and lower pric …
June 16, 2014
Grain Market Outlook
e, and d) the possibility of more abundant U.S. feedgrain
supplies in 2014 “hanging over the market” and further limiting U.S. and foreign wheat feeding.
USDA U.S. Wheat Forecast for “New Crop” MY 2014/15: The USDA projected smaller U.S. wheat production,
reduced usage, an increase in U.S. wheat % …
June 24, 2016
Grain Market Outlook
in World soybean production (up 6.6% annually) which will have “out‐paced” the increase in World
soybean use (up 5.9% per year) if it holds true. However, the shortfall in South American’s soybean production
in “current” MY 2015/16 has at least temporarily interrupted these trends, and has caused projected World
soybean ending stocks and percent ending …
July 19, 2017
Grain Market Outlook
both marginally lower than the record high levels of “old crop” MY 2016/17.
Second, that World wheat exports will also trend marginally lower to 178.4 mmt in the “new crop” 2017/18
marketing year – down from a record high of 181.6 mmt last year, but up from 172.9 mmt two years ago.
Third, that World wheat ending stocks would be a record high …
September 18, 2014
Grain Market Outlook
… d feed and residual use of 5.325 bb (up 250 mb). “New crop” ending stocks were also raised
to 2.0 … …
June 18, 2014
Grain Market Outlook
along with staff projections of record high 2014 U.S. corn yields and production –
figures that are still uncertain. For “new crop” MY 2014/15, the USDA projected record high U.S. and World
corn production, moderating usage, higher ending …
May 14, 2014
Grain Market Outlook
t exporters Russia and the Ukraine, and d) the possibility of more abundant U.S.
feedgrain supplies in 2014 “hanging over the market” and limiting U.S. and foreign wheat feeding.
USDA U.S. Wheat Forecast for “New Crop” MY 2014/15: The USDA projected smaller U.S. wheat production,
reduced usage, an increase in U.S. wheat …
September 1, 2015
Grain Market Outlook
… ecord high, with percent ending stocks‐to‐use at their highes … yields (down 0.2 bu), 2.136 billion bushels (bb) production (down 12 mb), 3.014 bb total supplies (down
17 mb), 925 million bushel (mb) exports (down 25 mb), 200 mb feed & residual use, 2.164 bb total use (down
25 mb), 850 mb end stocks (up 8 mb), with 39.3% ending‐ …
December 29, 2017
Grain Market Outlook
exports will also trend up to a record high to 152.45 mmt in the “new crop”
2017/18 marketing year – up from previous records of 147.3 mmt last year, and 132.55 mmt two years ago.
World soybean exports have been growing at a 9.4% rate annually since the 2007/08 marketing year.
Third, that World soybean ending stocks would be a record high …