WHEAT: U.S. wheat ending stocks for 2011/12 are projected 50 million bushels higher with reduced prospects for exports this month. Exports are lowered 50 million bushels with reductions projected for Hard Red Winter, Soft Red Winter, and White wheat. Larger supplies in several major exporting countries and relatively strong domestic prices, supported by the tight domestic corn supply and use situation, are expected to limit opportunities for U.S. wheat in world trade. Ending stocks for 2011/12, ...

World 2011/12 corn production is forecast up 8.5 million tons this month to a record 868 million tons, mostly due to a large increase in China’s production based on recently published government estimates. Global ending stocks are boosted 6 million tons to 127 million, down just 1 million from the previous year.U.S. feed grain supplies are increased slightly this month due to an increase in forecast oats imports from Canada, where supplies are plentiful. Expected corn use is down 5 million ...

Beef/Cattle: Disproportionally large cow slaughter has kept average dressed weights lower during most of 2011 than if steers had constituted half or more of beef slaughter, as they typically do. Packer margins and high feed and feeder cattle prices are exerting downward pressure on fed cattle prices. Beef/Cattle Trade: U.S. beef exports are expected to increase by 21 percent in 2011.Although U.S. domestic beef supplies will be 5 percent lower in 2012, exports should remain strong and stay ...

WHEAT: U.S. wheat supplies for 2011/12 are lowered 9 million bushels based on updated production estimates for the states resurveyed following the September 30 Small Grains report.Adjustments to production in these states, where significant acreage remained unharvested in early September, lowers production estimates for Hard Red Spring (HRS) wheat and durum. An increase in white wheat production is partly offsetting. Projected use for 2011/12 is unchanged for all wheat; however, domestic food ...

Pork Producers Cautious Toward Expansion Beef/Cattle: Drought-induced cow-herd liquidation has reduced average dressed weights and resulted in relatively more ground products but fewer middle cuts. Wheat pasture could be priced at a premium this winter. Cattle feeding margins remain negative despite higher fed cattle prices.Special Article: Wholesale and Retail Price Changes in the Beef Sector Beef/Cattle Trade: The United States is expected to maintain a widened net export margin ...

INTRODUCTIONThis publication presents a short term outlook for arable crop, meat and dairy markets in the EU. The report is based on reflections of market experts within the Directorate General for Agriculture and Rural Development of the European Commission. The views expressed are purely those of the authors and may not in any circumstances be regarded as stating an official position of the European Commission. Information and data available until 15 September 2011 have been taken into ...

WHEAT: Projected U.S. wheat ending stocks for 2011/12 are raised 76 million bushels as lower expected domestic use and exports more than offset reduced production. Production is lowered 69 million bushels, mostly reflecting lower spring wheat output as estimated in the September 30 Small Grains report. With tighter domestic supplies and an increase in production in Canada, U.S. imports are raised 10 million bushels, 5 million bushels each for Durum and Hard Red Spring (HRS) wheat.Domestic use is ...

Amidst Drought and High Feed Prices Domestically, Exports Flourishing Beef/Cattle: Drought conditions continue to result in Southern cows going to slaughter and Southern calves going to feedlots. Also resulting from the drought, corn, and hay prices are increasing as cow and fed cattle prices slip. Despite deteriorating feed-fed cattle price relationships, feeder cattle prices appear mostly steady. Beef/Cattle Trade: The exchange rate continues to hamper imports of beef to ...

Wheat Projected US wheat ending stocks for 2011/12 are raised 990 million bushels this month with higher expected imports and lower expected food use and exports. Imports are raised 1 0 million bushels with larger supplies in Canada. Food use is projected five million bushels lower in line with revisions to 2010/11 based on the latest and final US Bureau of Census mill grind estimates and reflecting reduced prospects for per-capita flour consumption during calendar year 2011. Exports for ...

Corn Yield Drops, Boosts Price Prospects The U.S. corn yield forecast for 2011/12 dropped 4.9 bushels per acre this month to 148.1 bushels. Corn production prospects are reduced 417 million bushels to 12.5 billion, just 0.4 percent higher than the previous year despite a 4.6-percent increase in planted area. Sustained high corn prices are expected to reduce use, with feed and residual down 200 million bushels and ethanol use and exports each down 100 million.U.S. ending stocks are down ...