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March ’16 USDA World Agriculture Supply and Demand Estimates

  • March 10, 2016
  • by wbabler
Mar 16 USDA World Agriculture Supply and Demand Estimates *Significant changes are highlighted ’14/’15 Corn o No change ’15/’16 Corn o No change o Ending stocks at 1.837 billion bushels or 49.5 days of use was below with private estimates. ’14/’15 Soybeans o No change ’15/’16 Soybeans o Crush was reduced by another 10 million bushels. o Ending stocks at 460 million bushels or 45.5 days of use was in line with private estimates. Other Markets o US meat production is increased slightly on higher broiler and turkey output offsetting lower beef and pork projections. o US dairy production is estimated slightly lower on a less milk per cow. Click below for a downloadable PDF. March ’16 USDA World Agriculture Supply and Demand Estimates
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