April 2015 WASDE preview

Apr 09, 2015

Report to be released around 11:45am on Thursday, April 9th

As farmers and producers around the globe await the release of April’s World Agricultural Supply and Demand Estimates Report (WASDE), Farms.com has put together a pre-report preview to show where the markets and trends are currently at.

When it comes to corn, the pre-report shows around 1.85 billion bushels, which is up from March’s WASDE number of 1.777 billion bushels. The range is estimated to be between 1.75 and 1.99 billion bushels.

The April pre-report estimates a global ending stocks of 186.9 million metric tons (MMT). That is a slight increase from March’s 185.3 MMT. The range is estimated to be between 184.7 and 191.0 MMT.

Looking at soybeans, the USDA’s pre-report numbers show an ending stocks of about 0.37 billion bushels, a dip from March’s 0.385 billion bushels. The range of estimates is said to be between 0.347 and 0.399.

The global ending stocks in the pre-report shows 89.5 MMT, the same as the numbers March showed. The estimated range is between 88.0 and 91.15 MMT.

On the wheat side of things, the USDA estimates the pre-report ending stocks to be around 0.692 billion bushels for all wheat. That number is up slightly from March’s 0.691 billion bushels and the range could be anywhere between 0.671 and 0.721 billion bushels.

The global ending stocks for wheat are estimated at 197.5 MMT in the April pre-report, down from 197.7 reported in March. The range in wheat could be between 195.4 and 199.0 MMT.

Are you interested in getting WASDE report information as it happens? If so, join Farms.com Chief Commodity Strategist Moe Agostino as he breaks it down instantly by logging onto the webinar which gets started at 11:45am.

Video: Dr. David Rosero: Fat Quality in Swine Diets

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. David Rosero from Iowa State University explores the critical aspects of fat quality and oxidation in swine diets. He discusses how different types of lipids affect pig performance and provides actionable insights on managing lipid oxidation in feed mills. Don’t miss this episode—available on all major platforms.

Highlight quote: "Increasing levels of oxidized fats in swine diets reduced the efficiency of feed utilization, increased mortality, and led to more pigs being classified as culls, reducing the number of full-value pigs entering the finishing barns."

Meet the guest: Dr. David Rosero / davidrosero is an assistant professor of animal science at Iowa State University. His research program focuses on conducting applied research on swine nutrition and the practical application of smart farming. He previously served as the technical officer for The Hanor Company, overseeing nutrition, research, and innovation efforts.