Corn and Soybean n°8/2015: U.S. expected yield higher

The monthly report of August 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 of Corn (985.61 Mio t, -0.2% from July estimates) and of an increasing production of Soybean (320.05 Mio t, +0.4%).

U.S. production of Corn and Soybean is expected to increase respectively by 1.2% and 0.8%, due to an increase of the yield.

Global Corn use is lowered driven by reductions in Corn feeding for EU, China and Ukraine. Higher wheat feeding is expected for EU and Ukraine, higher sorghum feeding for China.

Projected global Soybean ending stocks are lowered 4.9 Mio t to 86.88 Mio t with a higher crush for China, the EU and the U.S. Despite this month’s reduction, global Soybean stocks remain record high.

 

TOP Esporters and Importers of Corn and Soybean

TOP Esporters and Importers of Corn and Soybean

Report n°8 (August 2015) about prices, production and global trade prospects for 2015-16 season.
MAIS-SOIA-AUG-2015-EN.pdf (694 kB)
Corn & Soybeans - August 2015: Report about prices, production and global trade prospects for 2015-16 season.

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Elisabetta Viari

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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Posted in Corn, Feed, Soy

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