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World feedstuff supply and demand estimates

15-03-2010 | |

The World Agricultural Supply and Demand Estimates (WASDE) report gathers information from a number of statistical reports published by USDA and other government agencies. Outlined here are March data for wheat, coarse grains, and oilseeds.

WHEAT
Global wheat supplies for 2009/10 are projected 2.1 million tons higher mostly reflecting higher beginning stocks in Russia and higher production in Argentina. 
 
Beginning stocks are raised 2.1 million tons for Russia with historical revisions to estimated feed use. 
 
Partly offsetting are small reductions in 2009/10 beginning stocks for a number of other countries reflecting minor revisions to 2008/09 supplies and usage. 
 
Argentina production for 2009/10 is raised 0.6 million tons on higher reported area. 
 
Partly offsetting is a 0.3-million-ton reduction in Saudi Arabia production based on lower reported area and yields. 
 
A number of other smaller changes leave global production up 0.6 million tons this month.
 
COARSE GRAINS
Global coarse grain supplies for 2009/10 are projected 5.7 million tons higher this month mostly reflecting larger global corn supplies. 
 
Coarse grain beginning stocks are raised 1.0 million tons with more than half of the increase from corn as an upward revision for 2008/09 production in Argentina and lower 2008/09 exports for South Africa boost world corn carrying for 2009/10. 
 
World coarse grain production for 2009/10 is raised 4.7 million tons with higher corn and sorghum production more than offsetting lower barley, rye, and mixed grain output. 
 
World corn production for 2009/10 is raised 5.9 million tons with Argentina production increased 3.8 million and South Africa production increased 2.0 million. 
 
Harvested area and yield are raised for both countries as abundant soil moisture and lack of stressful heat during the past month supported crops through critical stages of development.
 
Partly offsetting is a 0.5-million-ton reduction for India corn and the lower US corn production estimate. 
 
Global sorghum production is raised 0.6 million tons with increases for Argentina and India outweighing a reduction for Australia. 
 
Global barley production is lowered 1.2 million tons with reductions for China, Argentina, and Mexico. 
 
Lower world rye and mixed grain production reflect reductions for EU-27.
 
OILSEEDS
Global oilseed production for 2009/10 is projected at 435.3 million tons, up 1.6 million tons from last month. 
 
Higher projections for soybeans, peanuts, rapeseed, and palm kernel are only partly offset by lower cottonseed and sunflowerseed production. 
 
Global soybean production is raised 0.9 million tons to 255.9 million. Soybean production for Brazil is projected at a record 67 million tons, up 1 million from last month based on higher yields and harvested area. Soybean production for Paraguay is reduced due to lower harvested area. 
 
Global cottonseed production is reduced mostly due to reductions for China and Uzbekistan. Other changes include increased rapeseed production for Australia, increased peanut and sunflower seed production for China, increased palm kernel production for Indonesia, and reduced sunflower seed production for South Africa. 
 
Palm oil production was increased for Indonesia for both 2008/09 and 2009/10.
 
Global oilseed ending stocks for 2009/10 are projected at 71.8 million tons, up 0.9 million from last month. 
 
Soybeans account for most of the change with increases for Argentina, Brazil, and India only partly offset by lower projected US stocks.
 
The detailed report can be obtained from the WASDE website.
 
 

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Ziggers
Dick Ziggers Former editor All About Feed





Beheer