World Agricultural Supply & Demand Estimates (WASDE) – April 9, 2021

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USDA Announces Upcoming Changes to the World Agricultural Supply and Demand Estimates (WASDE) Rice and Soybean Tables
WASHINGTON, April 8, 2021 – Starting with the May 12, 2021 release (issue No. 612), the following changes will be made to the World Agricultural Supply and Demand Estimates (WASDE) report:

  • U.S. Soybeans and Products Supply and Use (page 15): “Biofuel” will replace “Biodiesel” in the soybean oil section, reflecting recent changes to the monthly biofuels data reported by the U.S. Energy Information Administration. The WASDE will follow soybean oil used for biofuel as reported in the Monthly Biofuels Capacity and Feedstocks Update – Table 2C (PDF, 287 KB).
  • World Soybean Meal Supply and Use (page 29): Soybean meal supply and use for China will be presented separately.
  • The U.S. Rice Supply and Use table (page 14): The table will include separate categories for U.S. imports of long-grain and combined medium and short-grain rice. The addition is made due to the significant rise in U.S. imports of long-grain and medium- and short-grain rice over the past decade.

The May WASDE template will be available on the WASDE report page by April 30.The World Agricultural Supply and Demand Estimates (WASDE) report is prepared monthly by the USDA World Agricultural Outlook Board based on information from USDA and other domestic and foreign official sources. It includes forecasts for U.S. and world wheat, rice, and coarse grains (corn, barley, sorghum, and oats), oilseeds (soybeans, rapeseed, palm), and cotton. U.S. coverage is extended to sugar, meat, poultry, eggs, and milk.

By Brian Allmer - The BARN

Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.