From Pro Farmer
Roger Bernard
Note: Pro Farmer's full report reaction is on the Pro Farmer page and it's available for Pro Farmer Members only. To become a member, call 1-800-772-0023 for more information.
Following are key figures from this morning's USDA reports:
** 2011 WINTER WHEAT SEEDINGS **
- ALL WINTER WHEAT: 40.990 mil. acres; traders expected 41.219 mil. ac.
-- compares to 37.335 mil. acres in 2010
- HRW: 29.6 mil. acres; traders expected 30.241 mil. acres
-- compares to 28.553 mil. acres in 2010
- SRW: 7.76 mil. acres; traders expected 7.281 mil. acres
-- compares to 5.274 mil. acres in 2010
- WHITE WINTER: 3.66 mil. acres; traders expected 3.545 mil. acres
-- compares to 3.508 million acres in 2010
** ANNUAL PRODUCTION SUMMARY **
- CORN: 12.447 bil. bu.; traders expected 12.491 bil. bu.
-- compares to 12.540 bil. bu. in Nov. and 13.110 bil. bu. in 2009
- BEANS: 3.329 bil. bu.; traders expected 3.376 bil. bu.
-- compares to 3.375 bil. bu. in Nov. and 3.359 bil. bu. in 2009
- COTTON: 18.315 mil. bales.
-- compares to 18.268 mil. bales in Dec. and 12.19 mil. bales in 2009
** QUARTERLY GRAIN STOCKS **
- CORN: 10.040 bil. bu.; traders expected 10.097 bil. bu.
-- compares to 1.708 bil. bu. Sept. 1; 10.902 bil. bu. Dec. 1, 2009
- BEANS: 2.277 bil. bu.; traders expected 2.333 bil. bu.
-- compares to 151 mil. bu. Sept. 1; 2.339 bil. bu. Dec. 1, 2009
- WHEAT: 1.928 bil. bu.; traders expected 1.937 bil. bu.
-- compares to 2.459 bil. bu. Sept. 1; 1.782 bil. bu. Dec. 1, 2009
** 2010-11 U.S. CARRYOVER **
