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May 15, 2014
Grain Market Outlook
… an increase in U.S. corn stocks‐to‐use, and lower pric … crop, 15.111 bb total supplies, 1.700 bb exports, 13.385 bb total use, 1.726 bb ending stocks, 12.9%
ending …
March 2, 2017
Grain Market Outlook
S. corn production
of 14.065 billion bushels (bb) and a moderate reduction in “next crop” 2017/18 marketing year ending stocks
of 2.215 bb have provid … … 017 U.S. corn production is forecast to
be 14.065 bb – down from the record high of 15.148 bb in 2016.
The USDA forecast “next crop” MY 2017/18 total supplies of 16.435 bb – down 505 mb from last year’s record
high). Total use is forecast at 14.220 bb – down 400 mb from last year’s record high. Ending stocks are
projected to be 2.2 …
September 25, 2014
Grain Market Outlook
have responded negatively to projections of larger U.S. and World wheat
ending stocks and ending stocks‐to‐use. The USDA pro … year ago but still the third highest on record, and c) World wheat
ending stocks and percent ending …
May 22, 2017
Grain Market Outlook
… … 1998/99.
For a perspective on how historically large World total wheat stocks and World wheat percent stocks‐to‐use
now are, in M …
June 14, 2018
Grain Market Outlook
the environmental conditions in the area. Protein averaged between 11%
and 12% (12% moisture basis).”
A report via Reuters indicates the following (“U.S. Grain Buyers Grab for High‐Protein Wheat, Boosting Cash Prices.”, Reuters ‐ Julie
Ingwerson, June 14, 2018):
Page | 2
“Cash prices for hard red winter (HRW) wheat in the southern U.S. Plains are surging as buyers scramble to lock up
supplies of high‐protein wheat from what could be the second‐smallest crop in decades, traders said. Amid a global
shortage of high‐protein wheat, commercial grain handlers need the new‐crop grain to blend into their stocks to
salvage the lower‐q …
October 20, 2016
Grain Market Outlook
heat exports
are trending higher with 174.7 mmt in the “current” marketing year – up from 172.0 mmt last year, and up
from 164.4 mmt two years ago, 3) World wheat ending stocks at a record high 248.4 … … …
February 19, 2015
Grain Market Outlook
b) World wheat export trade would
be 3.4% lower than a year ago but still the second highest on record, and c) World wheat ending stocks and
percent ending stocks‐to‐use would be at th …
December 27, 2017
Grain Market Outlook
… … 36.25% in MY 1998/99.
Perspectives on Current World Wheat Stock Levels
For a perspective …