From Pro Farmer

Roger Bernard

Note: Pro Farmer Members can see Pro Farmer's full report reaction on the Pro Farmer page under "Leading Edge Reports." To become a member, call 1-800-772-0023 for more information.

Following is a condensed version of the Pro Farmer report reaction:

** 2009 CORN PRODUCTION **

• CORN: 13.110 billion bushels

  -- compares to 13.131 mil. bu. prior; 12.101 billion bu. in 2008

** 2010 WINTER WHEAT PRODUCTION **

• ALL WHEAT: 2.043 billion bu.; trade expected 2.033 billion bu.

  -- compares to 2.216 billion bu. in 2009

• ALL WINTER WHEAT: 1.458 billion bu.; trade expected 1.434 billion bu.

  -- compares to 1.523 billion bu. in 2009

• HRW: 960.4 million bu.; trade expected 920 million bu.

  -- compares to 919 million bu. in 2009

• SRW: 283.5 million bu.; trade expected 312 million bu.

  -- compares to 404 million bu. in 2009

• WHITE WINTER: 214.5 million bu.; trade expected 196 million bu.

  -- compares to 200 million bu. in 2009

** 2009-10 U.S. CARRYOVER **

• CORN: 1.738 billion bu.; down from April est. of 1.899 billion bu.

  -- compares to 1.674 billion bu. in 2008-09

• BEANS: 190 million bu.; unch from April est. of 190 million bu.

  -- compares to 138 million bu. in 2008-09

• WHEAT: 950 million bu.; unch from April est. of 950 million bu.

  -- compares to 667 million bu. in 2008-09

• COTTON: 3.1 million bales; up from April est. of 3.0 million bales

  -- compares to 6.2 million bales in 2008-09

** 2010-11 U.S. CARRYOVER **

• CORN: 1.818 billion bu.; trade expected 1.884 billion bu.
• BEANS: 365 million bu.; trade expected 338 million bu.
• WHEAT: 997 million bu.; trade expected 961 million bu.
• COTTON: 3.0 million bales; trade expected 3.56 million bales

** 2009-10 GLOBAL CARRYOVER **

• CORN: 147.04 MMT; up from 144.2 MMT in April

  -- 154.21 MMT in 2010-11

• BEANS: 63.76 MMT; up from 62.96 MMT in April

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