WASDE: Projected 2015/16 Wheat Ending Stocks Raised 30 million Bushels

Jan 12, 2016

WHEAT: Feed and residual use for 2015/16 is lowered 30 million bushels reflecting disappearance for June-November as indicated by the December 1 stocks released in the GrainStocks report. Seed use is lowered 6 million bushels on the winter wheat planted area reported today in the Winter Wheat Seedings report. U.S. supplies for 2015/16 are lowered 6 million bushels on reduced imports and slightly lower beginning stocks. Projected 2015/16 ending stocks are raised 30 million bushels. The 2015/16 season average farm price range is narrowed 10 cents on both the high and low ends to $4.90 to $5.10 per bushel.

Global wheat supplies for 2015/16 are raised 1.2 million tons on both increased beginning stocks and production. World wheat production remains record high and is raised 0.5 million tons led by 0.5-million-ton increases for both Russia and Pakistan and a 0.3-million-ton increase for the EU. Partly offsetting is a 0.7-million-ton reduction for Uruguay and a 0.4-million-ton reduction for Brazil; both reductions are on updated government statistics and reflect crop damage from excessive rain. World wheat trade for 2015/16 is down fractionally with several, mostly offsetting, changes. Global use is reduced, mostly in the United States. With supplies increasing and use reduced, ending stocks are raised 2.2 million tons to a record 232.0 million tons. This total is 9 percent larger than the previous stocks record set last year.

Source : USDA WASDE

Video: EP 73 Diversity is Resiliency – Stories of Regeneration Part 6

During the growing season of 2023 as summer turned into fall, the Rural Routes to Climate Solutions podcast and Regeneration Canada were on the final leg of the Stories of Regeneration tour. After covering most of the Prairies and most of central and eastern Canada in the summer, our months-long journey came to an end in Canada’s two most western provinces around harvest time.

This next phase of our journey brought us to Cawston, British Columbia, acclaimed as the Organic Farming Capital of Canada. At Snowy Mountain Farms, managed by Aaron Goddard and his family, you will find a 12-acre farm that boasts over 70 varieties of fruits such as cherries, apricots, peaches, plums, pears, apples, and quince. Aaron employs regenerative agriculture practices to cultivate and sustain living soils, which are essential for producing fruit that is not only delicious but also rich in nutrients.