winter wheat harvest

World Agricultural Supply and Demand Estimates

Dan Industry News Release

world agricultural supplyThe World Agricultural Supply and Demand Estimates (WASDE) report was released showing U.S. wheat ending stocks for 2016/17 are raised 30 million bushels on lower feed and residual use. This month’s 2016/17 U.S. corn outlook is for increased corn used to produce ethanol, reduced feed and residual use and unchanged ending stocks. U.S. rice ending stocks for 2016/17 are lowered 3.0 million cwt on increased exports. U.S. soybean supply and use changes for 2016/17 include higher seed use, reduced residual disappearance, and higher ending stocks. U.S. fiscal year 2016/17 beet sugar production is decreased 110,000 short tons, raw value (STRV) to 4.996 million.

Read the full World Agricultural Supply and Demand Report. (.pdf)

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