PF Analysts Highlight Key Grain, Oilseed & Cotton Data from April S&D Report

April 8, 2010 07:00 PM
 

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:

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

  • CORN: 1.899 billion bu.; up from March est. of 1.799 billion bu.
    -- compares to 1.674 billion bu. in 2008-09
  • BEANS: 190 million bu.; unch from March est. of 190 million bu.
    -- compares to 138 million bu. in 2008-09
  • WHEAT: 950 billion bu.; down from March est. of 1.001 billion bu.
    -- compares to 667 million bu. in 2008-09
  • COTTON: 3.0 million bales; down from March est. of 3.2 million bales
    -- compares to 6.2 million bales in 2008-09

** 2009-10 GLOBAL CARRYOVER **

  • CORN: 144.2 MMT; vs. 140.15 MMT in March; 147.5 MMT in '08-09
  • BEANS: 62.96 MMT; vs. 60.67 MMT in March; 42.82 MMT in '08-09
  • WHEAT: 195.82 MMT; vs. 196.77 MMT in March; 165.23 MMT in '08-09
  • COTTON: 50.91 mil. bales; vs. 51.41 mil. bales in March; 62.75 mil. bales in '08-09.

** GLOBAL PRODUCTION HIGHLIGHTS **

  • ARGENTINA BEANS: 54.0 MMT
    -- compares to 53.0 MMT in March; 32.0 MMT in 2008-09
  • BRAZIL BEANS: 67.5 MMT
    -- compares to 67.0 MMT in March; 57.8 MMT in 2008-09
  • ARGENTINA WHEAT: 9.6 MMT
    -- compares to 9.6 MMT in March; 10.1 MMT in 2008-09
  • AUSTRALIA WHEAT: 22.5 MMT
    -- compares to 22.5 MMT in March; 20.94 MMT in 2008-09
  • CHINA WHEAT: 114.5 MMT
    -- compares to 114.5 MMT in March; 112.46 MMT in 2008-09
  • CANADA WHEAT: 26.5 MMT
    -- compares to 26.5 MMT in March; 28.61 MMT in 2008-09
  • EU-27 WHEAT: 138.14 MMT;
    -- compares to 138.14 MMT in March; 151.08 MMT in 2008-09
  • CHINA CORN: 155.0 MMT
    -- compares to 155.0 MMT in March; 165.9 MMT in 2008-09
  • ARGENTINA CORN: 21.0 MMT
    -- compares to 21.0 MMT in March; 15.0 MMT in 2008-09
  • SOUTH AFRICA CORN: 14.0 MMT
    -- compares to 13.5 MMT in March; 12.57 MMT in 2008-09
  • BRAZIL CORN: 53.5 MMT
    -- compares to 51.0 MMT in March; 51.0 MMT in 2008-09
  • CHINA COTTON: 31.5 MIL. BALES
    -- compares to 31.5 MIL. BALES in March; 36.7 MIL. BALES in 2008-09

Copyright 2010 Professional Farmers of America. All Rights Reserved. Retransmission or redistribution of contents of this service is strictly prohibited without written permission of Professional Farmers of America.

Sales: 1-800-772-0023
Email: editors@profarmer.com

Back to news

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close