USDA Releases Uneventful March WASDE

Mar 09, 2021

The USDA released its March World Agricultural Supply and Demand Estimates (WASDE) report Tuesday morning.

Dan Basse is president of AgResource Company in Chicago.

"The March reports are usually one of the most boring of the year and this one didn't disappoint," he said. "If we look at U.S. corn, soybean and wheat ending stocks, they were exactly unchanged from February...and then if we look to the world numbers, the Argentinian number on soybeans was dropped a half million metric tons to 47.5 million metric tons. The Brazilian number was raised one million metric tons to 134 million. Looking around to Chinese demand or other crops around the world, nothing changed of substance and so the market here is really left with kind of what it had, which is trying to determine what South American crop sizes really are and then the veracity of Chinese demand going forward."

Basse says there are farmers in the southern United States looking at corn planting within the next two weeks, depending on the forecast.

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Video: What Happens When Pigs Adapt to High Soybean Meal Diets? - Gustavo Lima

In this special rerun episode of The Swine Nutrition Blackbelt Podcast, Gustavo Lima, PhD candidate in Animal Science at Iowa State University, discusses how grow-finish pigs respond to high soybean meal diets. He explains the initial drop in feed intake, changes in backfat, later adaptation, energy efficiency, amino acid utilization, and the rise in nitrogen excretion at higher inclusion levels. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/jas/article/...

“Once they got adapted to the diet, they can handle higher levels of inclusion of soybean meal.”

Meet the guest: Gustavo Lima / gustavo-lima-a9867127 is a PhD candidate in Animal Science at Iowa State University whose work focuses on swine nutrition, ingredient characterization, energy metabolism, caloric efficiency, and applied data analysis. With more than 15 years of experience in swine production across Latin America, Gustavo also brings expertise in environmental control, performance evaluation, barn ventilation, and grow-finish housing. Learn more from Gustavo Lima on The Swine Nutrition Blackbelt Podcast, available on all major platforms.