USDA releases February WASDE report

Feb 11, 2015

Not much movement reported in either direction

Every industry has reports that come out periodically to give everyone involved in that industry an update and better understanding of what the future holds.

The Organization of the Petroleum Exporting Countries (OPEC) has their monthly oil market report and Scotiabank just released their Global Auto Report discussing trends in automobile sales.

Farming and agriculture have their own report – the WASDE.

The United States Department of Agriculture (USDA) released their February edition of the World Agricultural Supply and Demand Estimates (WASDE) Report. The report focuses on many commodities but the focus will be on corn, wheat, and soybeans but also touches on pork, cattle and poultry products.

Corn
February’s WASDE report has corn coming in with an ending stock of 1.827 billion bushels, a reduction of 50 million bushels from January’s 1.877. Corn use, however, saw an increase. Lower prices at the gas pumps is boosting ethanol demand. The pricing for corn is projected to be somewhere between $3.40 and $3.90 per bushel.

Soybeans
The recent WASDE report has soybean ending stocks at 385 million bushels, down 25 million from January’s reports. The price projection for soybeans remained unchanged, going for prices ranging from $9.45 to $10.95 per bushel.

Wheat
Wheat’s ending stocks saw an increase coming in at 692 million bushels, up from January’s report of 687 million. Prices of wheat are projected to be between $5.85 and $6.15 per bushel.

Moe Agostino, Chief Commodity Strategist for the Farms.com Risk Management team says the lower ending stocks in corn and soybeans is good news, but there’s still large amounts of the crops available.

The next WASDE report is due out Tuesday, March 10.

Video: Sweetener Effects on Gut Health - Dr. Kwangwook Kim

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Kwangwook Kim, Assistant Professor at Michigan State University, discusses the use of non-nutritive sweeteners in nursery pig diets. He explains how sucralose and neotame influence feed intake, gut health, metabolism, and the frequency of diarrhea compared to antibiotics. The conversation highlights mechanisms beyond palatability, including hormone signaling and nutrient transport. Listen now on all major platforms!

“Receptors responsible for sweet taste are present not only in the mouth but also along the intestinal tract.”

Meet the guest: Dr. Kwangwook Kim / kwangwook-kim is an Assistant Professor at Michigan State University, specializing in swine nutrition and feed additives under disease challenge models. He earned his M.S. and Ph.D. in Animal Sciences from the University of California, Davis, where he focused on intestinal health and metabolic responses in pigs. His research evaluates alternatives to antibiotics, targeting gut health and performance in nursery pigs.