(USDA) – The World Agricultural Supply and Demand Estimates (WASDE) report provides USDA’s comprehensive forecasts of supply and demand for major U.S. and global crops and U.S. livestock. The report gathers information from a number of statistical reports published by USDA and other government agencies, and provides a framework for additional USDA reports. This report presents USDA’s initial assessment of U.S. and world crop supply and demand prospects and U.S. prices for the 2012/13 season. Also presented are the first calendar-year 2013 projections of U.S. livestock, poultry, and dairy products. Projections reflect economic analysis, normal weather, trends, and judgment. Because spring planting is still underway in the Northern Hemisphere and remains several months away in the
Southern Hemisphere, these projections are highly tentative. Forecasts for U.S. winter wheat area, yield, and production are from the May 10 Crop Production report. For other U.S. crops, the March 30 Prospective Plantings report is used for planted acreage. Methods used to project harvested acreage and yield are noted in each table. Read latest WASDE
