Trader’s Dispatch, December 2013 — Page C40
Return of WASDE Report fills gap of supply and demand information
DuAl 800 MANURE SPREADER
pull type, tandem axle.................... $6500
By Casey Chumrau, USW Market Analyst lower than 2012/13 and 17 percent below The U.S. Department of Agriculture the five-year average, if realized. (USDA) presented no surprises for the Of note, USDA increased estimated soft global wheat trade in the November 8 World red winter (SRW) production 4 percent in Agricultural Supply and Demand Estimates ITEMS FOR SALE the November WASDE report, putting total (WASDE) report but did provide a more 1986 East 45-ft. flatbed SRW production up 35 percent year-overcomplete look at the post-harvest U.S. do1996 Case IH 2188 with 30-ft. header rd year and 27 percent greater than the fivemestic wheat situation. The report was the 1999 GMC 1500 5.3L, automatic, 3 door year average. Analysts credit significantly first in two months, following the cancellaTopper off of a 2004 Dodge long box higher planted area and the highest yield tion of the October report due to the partial Hesston 8100 swather, 25-ft. draper since 2006/07 as factors in the larger SRW U.S. government shutdown. Call 406-378-3272 or 406-799-8606 crop. On a global scale, higher estimated proUSDA also increased estimated white duction in the European Union (EU) and wheat production 9 percent over the SepCanada in addition to lower production in tember number to 7.29 MMT, up 3 percent Argentina, Russia and Kazakhstan closely FARM EQUIPMENT, ETC. FOR SALE from last year. Additionally, HRS producfollowed official estimates from those 3-International 150 10-ft. grain drills, 12” spacing, hitch.... tion increased an estimated 3 percent since countries. USDA pegged total 2013/14 ................................................................................. $600 September but USDA expects it will fall world production at 706 million metric tons 1988 Cascade overhead pickup camper.................. $1750 1 3 percent from 2013/14, according to the (MMT), down 2.5 MMT from September International 45 13 /2-ft. Vibra Shank cultivator......... $600 Omaha 18-ft.x40” grain box with Omaha 629 SDA hoist.... November report. but still 8.9 MMT greater than the record ............................................................................... $1500 Despite a 3 percent increase in this set in 2011/12. Total projected consumpJohnson loader for Allis-Chalmers WD145................Offer month’s report, USDA expects U.S. durum tion decreased 3.0 MMT to 703 MMT, but Rockwell tandem axles on Hendrickson spring suspenproduction to fall 25 percent from 2012/13 most reductions were in wheat-producing sion..........................................................................Offer to 1.7 MMT, well below the five-year avercountries. USDA reduced estimated world Aluminum topper for Ranger long box.........................Offer age of 2.3 MMT. trade slightly by 800,000 MT to 154 MMT. Phone (406) 870-9003, Dutton, Montana Additionally, higher than expected doThe report did include one surprise in mestic consumption constituted the largest the global supply and demand estimates change from the September WASDE report. ‐ somewhat higher than expected ending USDA increased total domestic consumpstocks. USDA put expected ending stocks Merry CHRISTmas & Happy New Year tion by 2 percent to 36.3 MMT, which at 179 MMT, up from 176 MMT in Septemwould fall 5 percent short of 2012/13 but 9 ber and well below the five-year average of REMEMBER percent greater than the five-year average. 189 MMT. Analysts credit this projection Year-over-year, USDA expects white wheat as partially responsible for a four-day slide domestic consumption to increase 41 perin futures following the WASDE report cent to 3.57 MMT, but domestic HRW conrelease. sumption to fall 20 percent to 13.3 MMT. The U.S. by-class balance sheet provided USDA also estimated export demand for additional insight. The latest production U.S. wheat will increase 9 percent from numbers included in USDA’s survey-based 2012/13. The report left total expected exSmall Grains Summary, last released on ports unchanged from September at 29.9 Sept. 30, increased estimated U.S. producMMT, compared to 27.4 MMT last year. tion from the September WASDE report’s However, USDA shifted 272,000 MT of 57.5 MMT to 57.9 MMT. In the November WASDE report, USDA further bumped up expected exports from HRS to SRW. USDA that number to 58.0 MMT after post-harvest expects total SRW exports to increase 53 surveys of hard red spring (HRS) and dupercent from last year to 8.03 MMT, the At this time we would like to thank all of our rum indicated larger than expected crops. If highest since 1989/90. As of Oct. 31, China customers and suppliers for a great year. realized, U.S. production still would fall 6 accounted for 59 percent of total SRW sales percent from last year and below the fiveto date. White wheat and durum exports Jim Duane Jacob Russ year average of 60.1 MMT. estimates each fell 14 percent from 2012/13 The by-class information included higher and HRS export projections declined 7 perestimated 2013/14 production for all U.S. cent. USDA expects HRW exports to rise wheat classes except for hard red winter 9 percent thanks in large part to unusually Clean Burn Waste Oil Heaters (HRW). USDA reduced projected HRW high demand from Brazil. production by 6 percent from September Rounding out the balance sheet, U.S. to 20.3 MMT, which would be 26 percent beginning stocks for all classes remained unchanged from the September report. USDA estimates beginning stocks fell 3 percent from last year to 19.5 GREAT FALLS Hydraulic Motors MMT and 1 percent above the East of Fleet Wholesale TRW/Ross five-year average. Projected Tyrone U.S. ending stocks increased Char-Lynn 1 percent in November to 800-823-4937 • 406-761-8079 • www.northernhydraulics.net 15.4 MMT, down 29 percent All Sizes 2600 17th St. N E • Black Eagle, MT (Great Falls) from the five-year average Serving Hydraulic Needs Since 1963 in Stock and the lowest since 2006/07. Hydrostatic Exchange The cancellation of the INDUSTRIAL • MINING • COMMERCIAL • AGRICULTURAL Hydrostatic Rebuilds October report left many in Cylinders • Pumps • Motors • Valves • Repairs & testing 2 year warranty the industry scrambling for on all Hydraulics Hydraulic Clutch Hydraulic Flow reliable supply and demand Sundstrand Eaton Pump Hydraulic Divider Filters information. The November Dynapower High Pressure Denison WASDE report reassured 1,2,4 & 6 wire All sizes All parts available hose assemblies everyone that there is plenty Hydraulic & styles available in stock Valves of wheat in the world and that PTO Pump Hose Ends & fittings ALL SIZES NEW & REBUILDS the United States remains a We are your • JOHN DEERE Complete line of Williams Distibutor/Manufacturer reliable supplier of supply Your for • CASE • IH Hydraulic Pumps & Parts source for high quality wheat.
Call 406-357-3730, Lloyd, MT
Shop Specialties 1-888-676-5448
Northern Hydraulics
New H-98 & F-98 • 30 Series • 54 Series • 50 Series • 57 Series
CUSTOM BUILT HOSES
A&I pumps
• INTERNATIONAL
New Complete Testing Facilities for Hydrostatic, Gear and Vane Pumps
PUMPS
Hydraulic – Power Steering – Air Conditioning
Tractors – Trucks – Combines – Cars
AMERICAN & METRIC
##### Baseball has the highest fatility rate among sports for children ages five to fourteen, with three to four deaths each year.