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April 2014 USDA World Agriculture Supply and Demand Estimates

  • April 9, 2014
  • by wbabler
Click Here >>> April ’14 USDA World Agriculture Supply and Demand Estimates
  • ’12/’13 Corn
    • No change from previous month’s forecast.
  • ’13/’14 Corn
    • Corn for export was increased 125 million bushels on strong demand.
    • Ending stocks were projected at 1.33 billion bushels or 36.1 days of use which was below private estimates.
  • ’12/’13 Soybeans
    • No change from previous month’s forecast.
  • ’13/’14 Soybeans
    • Imports were increased 30 million bushels.
    • Exports were increased 50 million bushels to match strong forward sales commitments.
    • Ending stocks were projected at 135 million bushels or 14.6 days of use. This was in line with trade estimates.
  • Other Markets 
    • World soybean ending stocks were projected lower on declining Brazilian production expectations.
    • PEDv continues to reduce US pork production estimates for 2014 which are only partially offset by higher beef output.
http://usda.mannlib.cornell.edu/usda/current/wasde/wasde-04-09-2014.pdf  
March 2014 USDA World Agriculture Supply and Demand Estimates
May 2014 USDA World Agriculture Supply and Demand Estimates
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