Corn and Soybean n°12/2015: Canada forecast to produce more, India to produce less
Elisabetta ViariPosted on
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The monthly report of December 2015 released by the United States Department of Agriculture (World Agricultural Supply and Demand Estimates Report – WASDE) shows for the season 2015-16 the estimates of a decreasing global production both for Corn (973.9 Mio t, -0.1% from November estimates) and Soybean (320.1 Mio t, -0.3%).
U.S. Corn and Soybean production is unchanged from last month. Projected production is lowered for India with reduced area and yield prospects as a result of limited monsoon rainfall. South Africa Corn production is lowered as October and November dryness has significantly delayed plantings in the higher-yielding eastern growing areas, thus reducing yield prospects.
Partly offsetting these reductions is an increase for Canada Corn and Soybean.
U.S. Corn exports are projected 1.3 Mio t lower, reflecting the slow pace of sales and shipments to date and higher projected exports for Brazil and Canada.
CLAL.it – Production, utilization and stocks
Corn & Soybeans - December 2015: Report about prices, production and global trade prospects for 2015-16 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.
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