Us feed supply is expected to be tight

Introduction: Martyn foreman, economist of Doane Agricultural Service Department, analyzed that when the market focus is on corn, it is not particularly satisfactory to look forward to the output of other feed grains - sorghum, barley and oats Even if calculated according to the average yield per unit area, the output of oats and barley will decrease due to the decrease of planting area This year, sorghum planting area increased, but extreme high temperature and dry weather threaten the unit yield of Texas and Kansas, which are the main sorghum producing areas If the current weather pattern continues, the total yield of sorghum may only be stable or even decline Last year, when the weather was dry, Texas sorghum production dropped to only 470 million bushels At present, sorghum has only 38% excellent rate, 34% average, 28% poor to extremely poor These grades showed a downward trend compared with the same period of last year, but the final assessment of the same crop grade is still comparable Based on our current production forecast, the output of feed grain other than corn is 21.5 million tons, only 2% higher than that in 2000 Due to the reduction of corn production, it is expected that the overall feed supply will shrink by 3% in the same year as 2000 / 01 The supply percentage used for feed grain is expected to be 118% last year, the lowest since 1997-98 The stability of other forage grain yield and the possible reduction of yield suggest the increase of corn demand, especially the feed consumption USDA's supply and demand report forecasts that all feed grains for 2001-02 will fall by 2% compared with 2000 / 01, due to the market's expectation that the total stock of livestock will fall But stable or reduced production will tend to support corn feed use In addition, the decrease of wheat real estate and feed wheat will increase the consumption of corn in summer and early autumn USDA's forecast for feed corn use will show an upward trend from the current forecast Doane predicts that corn production in the U.S will drop significantly After the annual field survey of corn belt, Doane analysts today predict that the total corn production will reach 9.25 billion bushels this year, a significant drop, down 7.2% compared with 9.97 billion bushels last year Doane estimates soybean production at 2.86 billion bushels, up 3.2% from last year's record Looking at unit production in the South and northeast, the company expects "very good" production this year "Despite the adverse effects of spring sowing, record planting areas will yield higher yields," the company said "Because our investigation is carried out at the same time with rainfall, the growth of crops in the western corn belt looks stronger than expected." the report also mentioned that even so, the possible impact of spring climate pressure on crop yield has been partially repaired In general, the prospect of crops should be close to the normal level (author:) share to feed Weibo share to: