PF Editors Highlight Key Data From USDA's Feb. S&D

February 9, 2011 02:20 AM
 

From Pro Farmer

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

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

 

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

  • CORN: 675 million bu.; down from Jan. proj. of 745 million bu.
    -- compares to 1.708 billion bu. in 2009-10
  • BEANS: 140 million bu.; unch. from Jan. proj. of 140 million bu.
    -- compares to 151 million bu. in 2009-10
  • WHEAT: 818 million bu.; unch. from Jan. proj. of 818 million bu.
    -- compares to 976 million bu. in 2009-10
  • COTTON: 1.9 million bales; unch. from Jan. proj. of 1.9 mil. bales
    -- compares to 2.95 million bales in 2009-10

** GLOBAL CARRYOVER **

  • CORN: 122.51 MMT; down from 127.0 MMT in Jan.
    -- 145.16 MMT in 2009-10
  • BEANS: 58.21 MMT; down slightly from 58.28 MMT in Jan.
    -- 60.17 MMT in 2009-10
  • WHEAT: 177.77 MMT; down slightly from 177.99 MMT in Jan.
    -- 197.6 MMT in 2009-10
  • COTTON: 42.81 mil. bales; down slightly from 42.84 mil. bales in Jan.
    -- 43.99 mil. bales in 2009-10

** GLOBAL PRODUCTION HIGHLIGHTS **

  • ARGENTINA BEANS: 49.5 MMT; compares to 50.5 MMT in Jan.
    -- 54.5 MMT in 2009-10
  • BRAZIL BEANS: 68.5 MMT; compares to 67.5 MMT in Jan.
    -- 69.0 MMT in 2009-10
  • ARGENTINA WHEAT: 14.0 MMT; compares to 14.0 MMT in Jan.
    -- 11.0 MMT in 2009-10
  • AUSTRALIA WHEAT: 25.0 MMT; compares to 25.0 MMT in Jan.
    -- 21.92 MMT in 2009-10
  • CHINA WHEAT: 114.5 MMT; compares to 114.5 MMT in Jan.
    -- 115.12 MMT in 2009-10
  • CANADA WHEAT: 23.17 MMT; compares to 23.17 MMT in Jan.
    -- 26.85 MMT in 2009-10
  • EU-27 WHEAT: 136.53 MMT; compares to 136.53 MMT in Jan.
    -- 138.05 MMT in 2009-10
  • RUSSIA WHEAT: 41.5 MMT; compares to 41.5 MMT in Jan.
    -- 61.7 MMT in 2009-10
  • FSU-12 WHEAT: 80.98 MMT; compares to 81.33 MMT in Jan.
    -- 113.89 MMT in 2009-10
  • CHINA CORN: 168.0 MMT; compares to 168.0 MMT in Jan.
    -- 158.0 MMT in 2009-10
  • ARGENTINA CORN: 22.0 MMT; compares to 23.5 MMT in Jan.
    -- 22.8 MMT in 2009-10
  • SOUTH AFRICA CORN: 12.5 MMT; compares to 12.5 MMT in Jan.
    -- 13.42 MMT in 2009-10
  • BRAZIL CORN: 51.0 MMT; compares to 51.0 MMT in Jan.
    -- 56.1 MMT in 2009-10
  • CHINA COTTON: 30.0 mil. bales; compares to 30.0 mil. bales in Jan.
    -- 32.0 mil. bales in 2009-10

 

Copyright 2011 Professional Farmers of America.

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