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S/D projections for Kicks and Giggles..
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JonSCKs
Posted 7/10/2015 14:34 (#4672067 - in reply to #4672055)
Subject: How 'bout this then..


do you really think Soys are likely to have the second highest yield per acre number when hardly anyone is talking about liking their beans?

Alrighty.. let's try this one then..  Shaved a little more off harvested acres.. lowered the yield.. that does snug it up considerably.. lowered usage a smidge..

edit add:  WAOB definitely wants to hammer the Wheat acreage for 16/17.. see the reduction in seed.. I thunked that maybe the drought would last longer.. and that El Nino was going to continue to be a no show.. "whoopsie."

Flip side.. the Wheat world isn't so rosey in other parts of the globe.. exports might get a little pop..  WAOB thinks Sat et all can ramp up corn acres from Spring Wheat.. reading the tea leaves.. (just don't call me a guru...)  However, I still think the AMO/PDO cycle is gonna target the Northern Plains eventually.. 2016??  2017..??? 

Kind of like Shark Week.. "it's out there.. and it's gonna surface someday.."

 Jul-15    
  WASDE - 535 - 15   
             
  U.S. Soybeans and Products Supply and Use (Domestic Measure)  1/   
             
SOYBEANS2012/132013/142014/15 Est.2015/16 Proj.  2015/16 Proj.2015/16 Proj.
      Jon SCKsJon SCKs
FillerFillerFillerFillerFiller     
   Million Acres      
Area Planted77.276.883.785.1  83.682.5-1.1
Area Harvested76.176.383.184.4  83.482.3-1.1
Filler  Bushels      
Yield per Harvested Acre404447.846  43.647.33.7
   Million Bushels      
Beginning Stocks16914192255  255176-79
Production3042335839693885  36363893257
Imports41723030  35383
    Supply, Total3252357040914170  39264107181
Crushings1689173418301840  1830186535
Exports1317164718251775  1790182030
Seed89979992  92920
Residual1608238  3837-1
    Use, Total3111347838363745  3750381464
Ending Stocks14192255425  176293117
Avg. Farm Price ($/bu)  2/14.41310.058.50 - 10.00  9.25 - 12.509.00 - 12.00
Total        


Edited by JonSCKs 7/10/2015 14:40
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