Corn and Soybeans n°11/2014: market dynamics
Elisabetta ViariPosted on
Deprecated: Function create_function() is deprecated in /var/www/vhosts/clal.it/subdomains/news/httpdocs/wp-content/plugins/eg-attachments/inc/eg-attachments-public.inc.php on line 566
The U.S. Department of Agriculture, in the WASDE report of November 2014, confirms for the season 2014-15 the estimates for a record global production both for Corn (990.32 Mio t) and Soybean (312.06 Mio t).
Projections reflect higher Corn production in the EU (+2 Mio t), in Ukraine (+2 Mio t) and in Mexico (+0.5 Mio t), that offset reductions for the U.S. (-1.7 Mio t), where the national average Corn yield is reduced. On the other hand, is on the rise the average Soybean yield.
U.S. Corn used in ethanol production is projected higher, with a reduction in expected Sorghum use for ethanol, due to higher prices.
Global ending stocks of Corn and Soybeans are confirmed at record levels, respectively of 191 Mio t and 90.28 Mio t.
CLAL.it – Corn and Soybean Ending Stocks
-
-
MAIS-SOIA-NOV-2014-EN.pdf (636 KB)
Corn & Soybeans - November 2014: Report about prices, production and global trade prospects for 2014-15 season.
With a degree in Computer Science with specialization in IT for Management Level, she belongs to the CLAL.it Team. The CLAL.it Team is composed of young people who, with the help of Computer Science, study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the Italian and international market trends.
Leave a Reply
You must be registered and logged in to post a comment.