USDA's WASDE report to incorporate changes
The May 10 World Agricultural Supply and Demand Estimates report, which will be released at 12 noon EDT, will present USDA’s initial assessment of U.S. and world crop supply and demand prospects and U.S. prices for the 2013-14 marketing year. It will also present the first calendar-year 2014 projections of U.S. livestock, poultry, and dairy products.
Changes to the May WASDE will include the following:
On pages 20 and 21 in the World Coarse Grain Supply and Use table, Brazil is moved from “Selected Other” to “Major Exporters.”
On pages 22 and 23, in the World Corn Supply and Use table, Brazil is moved from “Selected Other” to “Major Exporters.”
On page 28, in the World Soybean Supply and Use table, Paraguay is listed separately under “Major Exporters,” and Uruguay is now included in the “Major Exporters” total.
Examples of these changes and five sample WASDE pages for the 2013-14 marketing year can be found on the “Historical Revisions” page on the WASDE website, located at: www.usda.gov/oce/commodity/wasde/revisions/May2013ExamplePages.pdf.
Background on USDA’s WASDE report and past issues of the report are available at www.usda.gov/oce/commodity/wasde/.