MARKET REPORTS

April poultry, red meat, egg, butter stocks up
WASHINGTON — Frozen stocks of turkey, chicken, pork, beef, eggs and butter in warehouses on April 30 were greater than year earlier levels, the U.S. Department of Agriculture said in its latest Cold Storage report. MORE

April milk outturn up 2.5% from year ago
WASHINGTON — Milk production in the 23 major producing states totaled 14.8 billion lbs in April, up 2.5% from the same month of 2007, the U.S. Department of Agriculture said in its latest Milk Production report. MORE

U.S.D.A. forecasts winter wheat output up 17%
WASHINGTON — The U.S. Department of Agriculture forecast 2008 U.S. winter wheat production at 1,777,532,000 bus, up 17% from 1,515,989,000 bus last year, in its May Crop Production report. MORE

U.S.D.A. projects record global wheat crop
WASHINGTON — In its first projections for the 2008-09 marketing year, the U.S. Department of Agriculture forecast global wheat production at a record 656 million tonnes, up 8% from this year and 5% above the previous record set in 2004-05. MORE

Average price of all wheat drops 50c a bu in April
WASHINGTON — The preliminary national average price received by farmers for all wheat in April was $10.10 per bu, down 50c from $10.60 in March but $5.21 above the April 2007 average of $4.89, the U.S. Department of Agriculture said in its April Agricultural Prices report. MORE

March egg product output down 4% from 2007
WASHINGTON — The total amount of edible liquid product from shell eggs broken in March was 212,023,000 lbs, down 4% from a year ago but up 7% from February 2008, the U.S. Department of Agriculture said in its latest Egg Products report. MORE

March butter, pork, chicken and turkey stocks up
WASHINGTON — Frozen stocks of butter, pork, chicken and turkey in warehouses on March 31 were greater than year earlier levels, the U.S. Department of Agriculture said in its latest Cold Storage report. MORE

U.S. orange forecast up 1% from March
WASHINGTON — All orange production in the United States for 2007-2008 was forecast at 10,128,000 tons (236,138,000 boxes), up 1% from the March 1 forecast and 33% above 2006-2007 final utilization of 7,626,000 tons (177,280,000 boxes), the U.S. Department of Agriculture said in its latest Crop Production report. MORE

February nonfat dry milk production up from year ago
WASHINGTON — February production of both nonfat dry milk and skim milk powders was up significantly from a year ago, the U.S. Department of Agriculture said in its latest Dairy Products report. MORE

Intended plantings top expectations
WASHINGTON — U.S. farmers intend to plant more soybeans, other spring wheat and durum in 2008 than most analysts expected, but less corn, according to the Prospective Plantings report released today by the U.S. Department of Agriculture. MORE