Tuesday, December 10, 2013

Tuesday December 10 Ag News

Nebraska Farm Bureau Selects Maricle Family as 2013 Young Farmers and Ranchers Achievement Award Winners

Brian and Hilary Maricle were honored as the 2013 Nebraska Farm Bureau Young Farmers and Ranchers Achievement Award recipients during the 2013 Nebraska Farm Bureau Foundation for Agriculture’s Inaugural Dinner on Mon., Dec. 9. The couple farms near Albion, Neb., in Boone County raising both beef cattle and corn.

The Maricle’s keep family as their top priority balancing a busy schedule with farm life and agriculture leadership. The couple has five children: Austin, Cody, Carson, Cassidy and Kate.

“Family is the focus of our operation,” said Hilary Maricle. “We have embraced the challenges we’ve faced and grown stronger as a family.”  

The Maricle’s have the love of agriculture in their blood. Both Brian and Hilary were near Albion, and knew they wanted to raise their children on a family farm. The Maricle’s enjoy having multiple generations on their family farm - embracing the history of their parents’ and grandparents’ operations for guidance. However, expansion was necessary to make their dream possible, and the Maricle’s purchased beef cattle shortly after coming home to farm.

“Our farming operation has gone through many changes to get to where we are today,” said Brian Maricle. “The land is one of the largest changes. After we purchased beef cattle, we needed to secure grazing and thus have expanded our acres.”

The family has expanded the acres in which they raise both corn and cattle. They have also continually expanded their cow/calf herd and incorporated a feedlot into their operation.

“Our farming success is measured by small gains each year, allowing for steady growth,” said Brian Maricle. “Our goal is to improve our ability to operate efficiently and effectively.”

The Maricle’s believe the care of the land and animals is the responsibility of their family. The family has faced challenges, such as losing rented land, but the Maricle’s know that farming is more than crops, livestock and land - they realize that people are what make a successful farm.

The Maricle’s are involved in agriculture with audiences across the U.S. Hilary is a past American Farm Bureau Federation Partner in Leadership and Nebraska Farm Bureau Foundation for Agriculture board member. Hilary currently serves as the Nebraska Farm Bureau Agriculture Promotion Committee Chair and is the associate dean of agriculture at Northeast Community College in Norfolk, Neb. Brian is the current Boone County Farm Bureau president. The family is also active within other agriculture and community organizations including: Common Ground, 4-H, Ag-Ceptional Women’s Conference and much more.

The Farm Bureau Achievement Award is designed to recognize young farmers and ranchers who have excelled in their farming or ranching operations and expanded their leadership skills. Contestants are evaluated on a combination of their operation's growth and financial progress as well as leadership within Farm Bureau and outside. Farm Bureau members ages 18 to 35 years are eligible to apply for the award.

The Maricle’s receive an iPad, $500 and an all-expense paid trip to represent Nebraska Farm Bureau at the national competition during the American Farm Bureau Federation's Annual Meeting this January in San Antonio, Texas.



Fairley and Stedman Take Home Young Farmer and Rancher Awards


Dustin Fairley of Fairbury was selected as the winner of Nebraska Farm Bureau’s 2013 Young Farmers and Ranchers Discussion Meet, and Stephanie Stedman of Burr was named the recipient of the 2013 Young Farmers and Ranchers Excellence in Agriculture award. Both awards were given at the Nebraska Farm Bureau Foundation for Agriculture’s inaugural fundraiser Dec. 9 in Kearney, Neb., held during Nebraska Farm Bureau Federation’s 96th Annual Convention.

Fairley received the top score of four contestants who advanced to the final round of the discussion meet contest. Rather than debating, contestants work to develop a solution to a problem being discussed, building on each other’s contributions. Competitors in the annual contest must be prepared to speak on any number of agriculture-related topics; the selected question is announced a short time prior to the contest round.

Fairley farms with his , Amanda, north of Fairbury. They own a custom farming business, which covers drilling, fertilizing, planting and silage harvesting. Dustin and Amanda also help out with his family’s 100 cow dairy farm.

Stephanie Stedman was recognized for her ongoing involvement and commitment to agriculture. The Excellence in Agriculture award is designed to recognize young farmers and ranchers for their contribution and involvement in Farm Bureau and agriculture. Candidates for the award are judged on their involvement in agriculture, leadership ability, involvement and participation in Farm Bureau and other civic, service and community organizations. Stephanie and her husband, Neal, are the fifth generation to live on the family farm in Otoe County.

Candidates for the awards are restricted to Farm Bureau members ages 18-35. Winners of each award receive $500, an iPad, a Nebraska Farm Bureau Foundation for Agriculture fleece jacket and an all-expense-paid trip to the American Farm Bureau Convention in San Antonio, Texas, in January 2014 to compete in the contests at the national level.



U.S. Soy Exports Hit Record for Value in 2013


The U.S. soy industry has done it again, exporting an eye-popping 1.7 billion bushels of U.S. soy to customers around the world in the 2012-13 marketing year, which ended Sept. 30. The value of these exports comes to a record of more than $28 billion, a 19 percent increase from 2011-2012.

The final figures show farmers continue to meet customer demand for a reliable supply of quality products. According to the U.S. Census Bureau, this total includes more than 1.3 billion bushels of whole U.S. soybeans, meal from 454 million bushels of U.S. soybeans and oil from 186 million bushels, which represents 56 percent of U.S. soybean production from last year.

“The reliability and quality of the U.S. soy supply are just a few reasons that customers keep buying U.S. soybeans, meal and oil,” says Gregg Fujan, soybean farmer from Weston, N.E., and United Soybean Board (USB) Chairman of the Supply Target Area. “Continuing to meet our customers’ needs is very important to U.S. soybean farmers, and these numbers prove we are doing that.”

Top buyers of whole U.S. soybeans in 2013 include:
-    China: 772 million bushels of U.S. soybeans
-    Mexico: 98 million bushels of U.S. soybeans
-    Japan: 63 million bushels of U.S. soybeans

Top buyers of U.S. soybean meal in 2013 include:
-    Mexico: meal from 59 million bushels of U.S. soybeans
-    Philippines: meal from 47 million bushels of U.S. soybeans
-    Canada: meal from 43 million bushels of U.S. soybeans

Top buyers of U.S. soybean oil in 2013 include:
-    China: oil from 37 million bushels of U.S. soybeans
-    Mexico: oil from 35 million bushels of U.S. soybeans
-    India: oil from 21 million bushels of U.S. soybeans

Soy exports for the 2013-2014 marketing year are off to a good start with 87 percent of the total 2014 export forecasts already sold.



Crop Production Clinics Set for Nine Locations across the State in 2014


            Crop producers and agribusiness professionals can improve their profitability and sustainability during the 2014 University of Nebraska-Lincoln Extension Crop Production Clinics.

            The clinics will be offered at nine locations across Nebraska in January 2014.

            They will feature presentations from extension specialists and educators on soil fertility, soil water and irrigation management, crop production, ag business management and policy, pesticide safety, and disease, insect and weed pest management.

            Program topics are tailored to meet the needs of cropping systems in different parts of the state, and vary by location.

            The clinics will be the primary venue for commercial and non-commercial pesticide applicators to renew their licenses in the categories of Ag Plant, Regulatory and Demonstrations/Research. Private pesticide applicator can be recertified by attending the clinics.

            Certified Crop Advisors can earn continuing education units in the Integrated Pest Management (six CEU), Soil and Water (two CEU), Nutrient Management (one CEU) and Crop Production (three CEU). Attendees can earn a maximum of six CEU at a location.

            Registration is available online at http://cpc.unl.edu/ or is available at the door starting at 8 a.m. before each clinic which start at 9 a.m. Cost is $60 for those pre-registering online or $75 at the door. The fee includes a noon meal, the 2014 Guide for Weed Management in Nebraska and the 2014 Crop Production Clinic Proceedings.

            Dates and locations for the 2014 Crop Production Clinics are as follows:
            – Jan. 7, Gering Civic Center, Gering
            – Jan. 8, Sandhills Convention Center, North Platte
            – Jan. 9, Adams County Fairgrounds, Hastings
            – Jan. 14, Younes Conference Center, Kearney
            – Jan. 15, The Auditorium, York
            – Jan. 16, Beatrice Country Club, Beatrice
            – Jan. 21, Community Center, Atkinson
            – Jan. 22, Lifelong Learning Center at the Northeast Research and Extension Center, Norfolk
            – Jan. 23, Agricultural Research and Development Center, Mead

            For more information, contact a local UNL Extension office or call 402-472-2811 or 402-472-1632.

            UNL Extension is in the university's Institute of Agriculture and Natural Resources.



Farm Beginnings® Program set to begin Jan. 4 in Syracuse


            University of Nebraska-Lincoln Extension will begin its sixth Farm Beginnings® Program at the First National Bank (basement meeting room) in Syracuse on Jan. 4.

            UNL Extension and the Nebraska Sustainable Agriculture Society are facilitating the Farm Beginnings® Program, an educational training and support program designed to help people who want to evaluate and plan their farm enterprise.

            Farm Beginnings® participants engage in a mentorship experience and network with a variety of successful, innovative farmers and attend practical, high quality seminars, field days and conferences.

            The program is unique in that several successful farmers participate in the program as presenters, explaining firsthand the nuts and bolts of their farming operation.

            While any beginning farmer would benefit from attending these training sessions, most of the farmers that present come from small to medium sized farming operations that produce and market many different diversified and value-added products. Many of these farmers direct market their products.

            The Farm Beginnings® Program consists of a series of 11 sessions from January through April that cover a variety of topics including: building networks, goal setting, whole farm planning, building your business plan, marketing, business and farm management and financial management.

            While the class participants will learn firsthand from the farmers, they also will work on developing their own business plan as they progress through the course.

            As part of the class tuition, participants will also have the opportunity to attend the Nebraska Sustainable Agriculture Society’s Healthy Farms Conference at the Younes Conference Center in Kearney Feb. 14-15.

            This is a conference that has been held annually for a number of years and has sessions that focus on topics in sustainable agriculture, such as: vegetable production, grass-fed beef, pasture poultry, meat and dairy goat production, composting, cover crops, organic farming, growing crops in high-tunnels, bee keeping, farm transitioning and agri-tourism.

            There also is a farm tour in December and tour of several farms in the summer to see how the farmers are operating. If interested, participants also have the opportunity to have a farmer mentor.

            Cost of the total program is $500, but partial scholarships are available.

            For a brochure and an application for the Farm Beginnings® Program go to http://nemaha.unl.edu and scroll down to the Farm Beginnings® article.

            For more information about the program contact Gary Lesoing, Extension educator, University of Nebraska-Lincoln Extension in Nemaha County, at glesoing2@unl.edu or at 402-274-4755.



National Pork Board 2014 Internship Program


The National Pork Board is seeking candidates to apply for our 2014 internship program. To learn about these exciting opportunities, please see the descriptions below.  The Pork Board is funded through a market checkoff collection on sales of market swine in the United States.  We are charged with effectively serving U.S. pork producers through the development of educational programs, coordination of research projects, and increasing the demand for pork meat in domestic and international markets.

Criteria for applying:
-    Our internships will begin approximately May 12, 2014 and continue through approximately August 8, 2014.
-    All internships are paid, and candidates are expected to work full-time for 13 weeks.  All positions are based at our office in Clive, IA.
-    Interviews will take place in January and February with positions being filled by March.
-    Please indicate in the subject line which internship you would like to be considered.
-    Interested candidates should forward resume, cover letter, and writing samples if needed, via email to: Intern@pork.org  (Microsoft Word or PDF formats only)
-    No phone calls please.

Internships include:
-  Producer Services/Outreach Intern (2 positions)
-  Communications Intern (1 position)
-  Science and Technology Intern (2 positions)
-  Domestic Marketing Intern (1 position)
-  Human Resources Intern (1 position)
-  US Pork Center of Excellence Intern (1 position)

For more information click here... http://www.pork.org/AboutUs/2370/EmploymentOpportunities1.aspx.  



2014 Feedlot Forum Jan. 21 in Sioux Center


Cattle feeders and agri-business professionals are invited to the Feedlot Forum 2014, a day-long program Jan. 21 at Terrace View Event Center in Sioux Center. The 9:30 a.m. - 3:15 p.m. forum features educational components on timely issues affecting northwest Iowa feedlot producers and includes a trade show displaying new products in animal health, beef nutrition and facilities.

“This year’s forum focuses on current feedlot issues key to every Iowa feedlot – environmental regulations, cattle lameness and marketing,” said Beth Doran, beef program specialist with Iowa State University Extension and Outreach.

Ken Hessenius, supervisor for the Iowa Department of Natural Resources Field Office 3, will discuss small, medium and large CAFO inspections. The IDNR will be operating under a revised protocol that may include a desktop assessment or a combination of a desktop assessment and on-site feedlot inspection. Ken will share what is involved in an inspection and how a producer might prepare for it.

Rick Stowell, associate professor of Biological Systems Engineering at the University of Nebraska-Lincoln, will focus his presentation on air quality regulations for beef feedlots. Currently, large permitted feedlots are required to report air emissions for ammonia and hydrogen sulfide. However, there has been much discussion about regulating dust in agriculture. Rick will focus on current rules and what might be emerging.

Jan Shearer, professor of Veterinary Diagnostic of Production Animal Medicine at Iowa State University, will visit about hairy heel wart, a common and painful wart-like growth on the feet of cattle that causes lameness. It is estimated to affect 40 percent of the dairy herds in the Midwest and is becoming more common in feedlot cattle. Shearer will discuss cause, treatment and prevention.

Matt Deppe, executive director for the Iowa Cattlemen’s Association, will present an update on association activities and issues relevant to Iowa cattle producers. Ed Greiman, president of the Iowa Cattlemen’s Association, will visit about a national cash market study and how formula grids may affect market price for finished cattle. His presentation is in response to a current trend for more feedlot cattle to be sold on a grid formula, which reduces the number of cattle sold on the spot market. Yet, the base price for the grid formula is determined by cattle sold on the spot market. Other factors, such as the shortage of feeder cattle, competition for grain and the general economy, may likely pressure cattle feeding profits. Andrew Gottschalk, Sr. Vice President of RJ O’Brien and Associates, will close the forum with a discussion on market situation and outlook for both cattle and grains. 

Registration of $25 per person is due at the Sioux County Extension office by Jan. 15. Registration brochures will be mailed in December, or contact the Sioux County Extension office for a flier. For more information, contact Beth Doran at 712-737-4230 or doranb@iastate.edu.



Meetings Look at Stover Harvest for Needs of Iowa Biomass Feedstock Industry


Opportunities to harvest corn stover exist in two regions of Iowa – near Nevada in central Iowa and near Emmetsburg in northern Iowa. Iowa State University Extension and Outreach will host three meetings in January to address emerging opportunities related to stover harvesting for the biomass feedstock needs of local industries.

The central Iowa meeting will be held Jan. 6 at the Leonard Good Learning Center in Ogden. This meeting is in collaboration with DuPont. The northern Iowa meetings will be held Jan. 14 at the Clay County Regional Events Center in Spencer and Jan. 21 at Water’s Edge Events Center in Algona. The northern Iowa meetings are in collaboration with POET-DSM. All three meetings will start at 9:45 a.m. 

Stover harvesting can impact economic, agronomic and water quality production factors. The meetings will address many of the positives and negatives of stover harvesting and discuss how stover harvesting can be managed within corn production. Crop producers, land owners, crop consultants, agronomists, service providers and others with an interest in stover harvest and its removal from farm fields are encouraged to attend.

Iowa State University Extension and Outreach meeting speakers include: Mark Licht and Paul Kassel, field agronomists; Kelvin Leibold, Melissa O’Rourke and Kristen Schulte, farm management specialists; and Kapil Arora, agricultural engineering specialist. Industry speakers on the agenda include: David Ertl, technology commercialization manager, Iowa Corn Growers Association; Dennis Penland, DuPont business development manager; Andy Heggenstaller, agronomy research manager, DuPont-Pioneer; B.J. Schany, commodities manager, POET-DSM; and Steve Petersen, end use product manager, Monsanto Corn Crop Management.  Barb Stewart, state agronomist, will present the USDA-NRCS perspective on soil health and stover removal at these meetings.

A noon lunch will be sponsored by industry partners during the meeting at no cost to the participants, however pre-registration is required. Industry representatives will be available to meet with participants during lunch and at the close of the meeting. The meetings are funded in part by a grant from Iowa Energy Center.

Meeting Registrations
-    Jan. 6 – Boone County. Register with the Boone County Extension Office by calling 515-432-3882, or online at http://www.extension.iastate.edu/boone/
-    Jan. 14 – Clay County. Register with the Clay County Extension Office by calling 712-262-2264, or online at http://www.extension.iastate.edu/clay/
-    Jan. 21 – Kossuth County. Register with the Kossuth County Extension Office by calling 515-295-2469, or online at http://www.extension.iastate.edu/kossuth/

There is no fee to attend the meetings. Registration is required for correct meal and handout counts. Walk-in registration the day of the meeting will only be accepted if space is available.



EIA: November Ethanol Production Rose 75,000 Bpd on Year


The Energy Information Administration on Tuesday, Dec. 10, in its most recent Short-term Energy Outlook said ethanol production continues to recover from last year's drought, rising 75,000 barrels per day (bpd) in November from the corresponding 2012 period.

Ethanol production for the month profiled averaged 900,000 bpd compared with an average of 825,000 bpd in November 2012.

EIA forecast ethanol production would average 900,000 bpd in 2014, unchanged from its forecast in November.

Biodiesel production, which averaged 64,000 bpd, or 1.0 billion gallons per year, in 2012 has increased this year, reaching a record 101,000 bpd in September. Biodiesel output is forecast to average about 86,000 bpd this year and 84,000 bpd in 2014.



Retail Fertilizer Prices Steady Again


Retail fertilizer prices continue to show very little movement, according to retailers tracked by DTN for the first week of December. Retailers report very little new news regarding prices.  All eight of the major fertilizers had lower prices than last month, but once again none showed a prominent price drop.  DAP had an average price of $515/ton, MAP $554/ton, potash $485/ton and urea $440/ton. 10-34-0 was at $515/ton, anhydrous $646/ton, UAN28 $318/ton and UAN32 $361/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.48/lb.N, anhydrous $0.39/lb.N, UAN28 $0.57/lb.N and UAN32 $0.56/lb.N.

All eight of the major fertilizers are now double-digits lower in price compared to Dec. of 2012.  UAN32 is now down 15%, UAN28 is 16% less expensive, 10-34-0 is 17% lower, MAP is 19% lower, DAP is 20% lower, potash is 22% less expensive and both anhydrous and urea are 25% less expensive compared to last year.



Brazil Gov't Forecasts Record Soy Crop


Brazil's Agriculture Ministry Tuesday predicted the 2013-14 soybean crop would reach a record 90.0 million metric tons.  It raised its forecast from a range of 87.9 mmt to 90.2 mmt last month as the crop continues to develop well across Brazil's grain belt.

There appears to be a growing consensus that the crop will be around 90 mmt. Last week, Agroconsult, a Brazil-based analytics firm, raised its number to 90.1 mmt, while a week before AgRural, a local consultancy, upped its number to 89.4 mmt.

If the government figure is confirmed, production will be 8.5 mmt higher than the 81.5 mmt produced last season.

Corn production was pegged at 78.8 mmt, in line with the 78.5 mmt to 79.8 mmt forecast last month and 2.7% down on the year before.



CWT Assists with 6.9 Million Pounds of Cheese and Butter Export Sales


Cooperatives Working Together (CWT) has accepted 33 requests for export assistance from Bongards Creameries, Dairy Farmers of America, Maryland Virginia Milk Producers Cooperative Association, Northwest Dairy Association (Darigold), Tillamook County Creamery Association and United Dairymen of Arizona to sell 5.064 million pounds (2,297 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 1.863 million pounds (845 metric tons) of butter to customers in Asia, Central America, Europe, the Middle East and North Africa. The product will be delivered in December 2013 through May 2014.

Year-to-date, CWT has assisted member cooperatives in selling 129.409 million pounds of cheese, 91.644 million pounds of butter, 44,092 pounds of anhydrous milk fat and 218,258 pounds of whole milk powder to 40 countries on six continents. These sales are the equivalent of 3.258 billion pounds of milk on a milkfat basis.

Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term by helping to maintain inventories of cheese and butter at desirable levels. In the long-term, CWT’s Export Assistance program helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the farm milk that produces them.



USDA World Ag Supply and Demand Report - December 10, 2013


COARSE GRAINS:  Projected U.S. feed grain supplies for 2013/14 are raised slightly this month with a 5-million-bushel increase projected for corn imports.  With a record crop now estimated for Canada, additional quantities of Canadian corn are expected to find their way into the U.S. market.  U.S. corn use for 2013/14 is projected higher with increases for food, seed, and industrial use and for exports.  Corn used in ethanol production is projected 50 million bushels higher reflecting the strong pace of weekly ethanol production since mid-October.  Exports are also projected 50 million bushels higher based on the pace of sales to date and higher expected global consumption.  Projected U.S. ending stocks are lowered 95 million bushels.  

The 2013/14 season-average farm price for corn is projected 10 cents lower at the midpoint with the range narrowed to $4.05 to $4.75 per bushel based on prices reported to date.  Average prices received by farmers, however, are expected to continue to be reported above prevailing cash bids well into early 2014 as some sales will reflect the higher forward prices available before harvesting.

Global coarse grain supplies for 2013/14 are projected 3.6 million tons higher.  At 1,420.5 million tons, supplies are up 122.8 million from 2012/13 and 103.1 million above the previous record in 2011/12.  Corn accounts for more than 80 percent of the increase over this period with 2013/14 world corn production up 101.4 million tons from last year.  Global corn output for 2013/14 is raised this month with Canada and Ukraine increased 1.1 million tons and 1.0 million tons, respectively.  Partly offsetting are 0.4-million-ton reductions for both the European Union and Kenya.  World barley and oats production are also raised, up 1.7 million tons and 0.8 million tons, respectively.  Barley production is raised 1.2 million tons for Australia and 0.8 million tons for Canada.  Partly offsetting are small reductions for Iran and the European Union.  Oats production is raised 0.6 million tons for Canada with small increases also for the European Union and Australia.  World sorghum production is lowered 0.4 million tons with smaller crops projected for India and Australia. 

Global 2013/14 coarse grain consumption is raised 4.3 million tons with half of the increase from higher foreign corn consumption.  Corn feeding is raised for Canada, the European Union, and Ukraine.  Foreign barley and oats consumption are also raised with increased barley feeding in Australia, Saudi Arabia, Iran, and Canada, and increased oats feeding in Canada.  Higher coarse grain production in Canada, Australia, and Ukraine support increased use for these countries and higher imports allow for the increases for the European Union and Saudi Arabia.   Global corn exports are raised 1.8 million tons with increases for the United States and Canada.  Global barley exports are raised 0.9 million tons with increases for Australia, Ukraine, and Canada.  World corn ending stocks are projected 1.9 million tons lower as the U.S. reduction is only partly offset by a 0.5-million-ton increase for Ukraine.  

OILSEEDS:  Total U.S. oilseed production for 2013/14 is projected at 96.44 million tons, down slightly due to a small reduction in cottonseed.  Although soybean production remains unchanged, 2013/14 supplies are raised 10 million bushels on stronger-than-expected early season soybean imports.  Soybean exports are increased 25 million bushels to 1.475 billion reflecting record commitments (shipments plus outstanding sales) through November.  Soybean crush is raised 5 million bushels to 1.690 billion as strong foreign demand for soybean meal, led by the European Union and Southeast Asia, more than offsets a reduction in domestic soybean meal use.  Soybean oil supplies are increased in line with higher crush.  With total use unchanged, soybean oil stocks are increased 55 million pounds to 1.69 billion.  Although total use is unchanged, soybean oil used for methyl ester is projected lower reflecting expanded production of non-ester based renewable diesel.  Soybean ending stocks for 2013/14 are projected at 150 million bushels, down 20 million from last month.

Prices for soybeans and soybean meal are projected higher this month.  The U.S. season-average soybean price range for 2013/14 is projected at $11.50 to $13.50 per bushel, up 35 cents on both ends of the range.  The soybean meal price is projected at $400 to $440 per short ton, up 25 dollars on both ends of the range.  The soybean oil price range is projected at 38 to 42 cents per pound, down 2 cents on both ends.

Global oilseed production for 2013/14 is projected at 502.3 million tons, up 2.9 million tons from last month.  Foreign oilseed production accounts for most of the change with increases for soybeans, rapeseed, and palm kernel only partly offset by reductions in cottonseed, sunflowerseed, and copra.  Global soybean production is projected at a record 284.9 million tons, up 1.4 million due to increases for Argentina and Canada.  Argentina production is projected at 54.5 million tons, up 1.0 million due to higher projected area.  Global rapeseed production is projected at a record 70.0 million tons, up 2.1 million due to gains for Canada and Australia. Canadian rapeseed production is raised 1.9 million tons to 18.0 million based on the latest survey results from Statistics Canada.  Favorable conditions throughout the growing season resulted in record rapeseed yields this year.  Other changes this month include lower sunflowerseed production for Argentina and increased cottonseed production for Pakistan.

Global oilseed trade is projected at 128.3 million tons, up 1.6 million from last month.  Increased soybean exports from the United States and increased rapeseed exports from Canada account for most of the change.  Global oilseed ending stocks are projected at 82.8 million tons, up 2.1 million as lower soybean stocks in the United States are more than offset by increased soybean stocks in Argentina, Canada, the European Union, and Russia, and higher rapeseed stocks in Canada and Australia.

WHEAT:  Projected U.S. wheat supplies for 2013/14 are raised 10 million bushels this month with higher projected imports.  Record production and higher exports for Canada are expected to add to wheat supplies in the United States.  Imports are raised 5 million bushels each for Hard Red Spring (HRS) and Soft Red Winter (SRW) wheat.  Projected exports for all wheat are unchanged, but minor adjustments are made by class with SRW wheat exports raised 5 million bushels and HRS wheat exports lowered an offsetting amount.  Projected ending stocks are raised 10 million bushels.  The 2013/14 projected season-average farm price is lowered 10 cents at the midpoint with the range narrowed to $6.65 to $7.15 per bushel as near record world supplies and increased export competition reduce price prospects for U.S. wheat.

Global 2013/14 wheat supplies are raised 5.3 million tons to 887.3 million.  This is up 32.1 million tons from last year, but 9.0 million tons below the record supplies of 2011/12.  Global 2013/14 production is raised 5.0 million tons with most of the increase for Canada based on the latest Statistics Canada estimate which put production at a record 37.5 million tons.  This is up 4.3 million tons from last month’s forecast and 5.4 million tons higher than the previous record in 1990/91 as excellent summer weather and an extended growing season boosted yields to record levels.  Production is also raised for Australia, up 1.0 million tons to 26.5 million, slightly above the recent forecast by the Australian Bureau of Agricultural and Resource Economics and Sciences.  Production is also raised 0.4 million tons for 2012/13 reflecting recent revisions to last year’s crop by the Australian Bureau of Statistics.  Partly offsetting this month’s 2013/14 increases is a small reduction for the European Union as the latest statistical reports lower output for Denmark, but raise output slightly for the Netherlands and France.

Global wheat trade for 2013/14 is raised this month with larger available supplies in key exporter countries and stronger demand expected for several importing countries.  Exports are raised 1.5 million tons for Canada, 1.0 million tons for the European Union, 0.5 million tons for Australia, and 0.2 million for Turkey.  Imports are raised for Egypt, Bangladesh, Mexico, Azerbaijan, South Korea, Syria, and Turkey.  Most of the increase in exportable supplies is from higher production in Canada and Australia; however, in the European Union higher corn imports and feeding are expected to free up wheat to support the strong ongoing pace of sales and shipments.  Wheat feeding is increased for Canada, Egypt, and South Korea.  Wheat food use is raised for Bangladesh and Syria.  Global wheat ending stocks are projected 4.3 million tons higher mostly on increases for Canada and Australia.


LIVESTOCK, POULTRY, AND DAIRY: 

The forecasts for total red meat and poultry production for both 2013 and 2014 are raised from November.  For 2013, small changes are made to the fourth quarter for the major species, based on slaughter data to date.  The forecast for 2014 is raised based on higher expected cattle and hog carcass weights and higher cattle slaughter.  No change is made to 2014 broiler production, but the turkey production forecast is reduced based on hatchery data.  Egg production is reduced slightly for both 2013 and early 2014.

Beef imports are lowered slightly for 2013, but no change is made to 2014.  Beef exports are raised for both 2013 and 2014.  Pork imports are raised for both 2013 and 2014 based on estimates for the third quarter and early fourth quarter and expectations for slightly stronger imports in 2014.  Pork exports for 2013 and 2014 are reduced from last month based on slightly weaker demand in Asia. The 2013 broiler export forecast is lowered slightly based on exports to date, but the forecast for 2014 is unchanged.  Turkey exports are raised for 2013 but the forecast for 2014 is unchanged.

Cattle prices for 2013 and 2014 are raised from November as demand for fed cattle remains strong.  Hog prices for 2013 are lowered as fourth-quarter prices have been slightly weaker-than-expected.  The forecast for 2014 is unchanged.  Broiler and turkey price forecasts for 2013 and 2014 are raised from last month.  Demand for broiler meat is firm, supported by expected tight supplies of beef and moderate production increases.  Turkey prices are expected to be supported by slower forecast growth in production.  Egg prices are forecast higher for 2013 and 2014, reflecting current price strength and lower forecast production.

The 2013 milk production forecast is reduced slightly from last month, based on recent estimates of cow numbers.  The forecast for 2014 is raised as higher milk forecast prices and lower expected feed costs support a more rapid increase in cow numbers and output per cow. Fat basis imports are reduced for 2013 but are unchanged for 2014. On a skims-solids basis, imports are raised in 2013 but unchanged for 2014.  Exports are raised on a fats basis based on the strength of butterfat shipments to non-traditional markets.  On a skims-solids basis, higher nonfat dry milk (NDM) and whey exports are offset by lower lactose exports leading to a lower forecast for 2013, but for 2014, expected strength in NDM results in a higher skim-solids forecast. 

For 2013, the cheese price forecast is reduced, reflecting current prices.  However, strength in current prices for butter, NDM, and whey resulted in higher price forecasts for those products.  For 2014, despite higher dairy production, demand strength in importing countries and improving domestic demand in the United States is expected to support prices for all products. The Class III milk price is unchanged for 2013 as lower forecast cheese prices offset higher whey prices but the forecast is raised for 2014 based on higher forecast cheese and whey prices.  The Class IV price forecast is raised for both years on higher butter and NDM prices.  The all milk price is forecast at $19.90 to $20.00 per cwt for 2013 and $19.70 to $20.50 per cwt for 2014.



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