Pro Farmer Report Reaction

June 10, 2010 05:42 PM
 

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:

** WINTER WHEAT PRODUCTION **

  • ALL WHEAT: 2.067 billion bu.; trade expected 2.054 billion bu. 

      -- compares to 2.043 billion bu. in May; 2.216 billion bu. in 2009 

  • ALL WINTER WHEAT: 1.482 billion bu.; trade expected 1.453 billion bu. 

      -- compares to 1.458 billion bu. in May; 1.523 billion bu. in 2009 

  • HRW: 979.2 million bu.; trade expected 939 million bu. 

      -- compares to 960.4 million bu. in May; 919 million bu. in 2009 

  • SRW: 284 million bu.; trade expected 288 million bu. 

      -- compares to 283.5 million bu. in May; 404 million bu. in 2009 

  • WHITE WINTER: 219.2 million bu.; trade expected 217 million bu. 

      -- compares to 214.5 million bu. in May; 200 million bu. in 2009



     

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

  • CORN: 1.603 billion bu.; down from May est. of 1.738 billion bu.   

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

  • BEANS: 185 million bu.; down from May est. of 190 million bu.   

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

  • WHEAT: 930 million bu.; down from May est. of 950 million bu.    

      -- compares to 657 million bu. in 2008-09 

  • COTTON: 2.9 million bales; down from May est. of 3.1 million bales  

      -- compares to 6.2 million bales in 2008-09


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

  • CORN: 1.573 billion bu.; down from May proj. of 1.818 billion bu.

  • BEANS: 360 million bu.; down from May proj. of 365 million bu.

  • WHEAT: 991 million bu.; down from May proj. of 997 million bu.

  • COTTON: 2.8 million bales; down from May proj. of 3.0 mil. bales

 


** 2009-10 GLOBAL CARRYOVER **

  • CORN: 143.41 MMT; down from 147.04 MMT in May

      -- 147.32 MMT in 2010-11

  • BEANS: 65.47 MMT; up from 63.76 MMT in May

      -- 66.99 MMT in 2010-11 

  • WHEAT: 192.9 MMT; down from 193.37 MMT in May

      -- 193.93 MMT in 2010-11

  • COTTON: 52.21 mil. bales; down from 52.75 mil. bales in May

      -- 49.59 mil. bales in 2010-11

      
     


** 2009-10 GLOBAL PRODUCTION HIGHLIGHTS **

  • ARGENTINA BEANS: 54.0 MMT; compares to 54.0 MMT in May  

      -- 50.0 MMT in 2010-11    

  • BRAZIL BEANS: 69.0 MMT; compares to 68.0 MMT in May  

      -- 65.0 MMT in 2010-11     

  • ARGENTINA WHEAT: 9.6 MMT; compares to 9.6 MMT in May  

      -- 12.0 MMT in 2010-11     

  • AUSTRALIA WHEAT: 22.5 MMT; compares to 22.5 MMT in May  

      -- 22.0 MMT in 2010-11

  • CHINA WHEAT: 114.5 MMT; compares to 114.5 MMT in May  

      -- 112.0 MMT in 2010-11

  • CANADA WHEAT: 26.5 MMT; compares to 26.5 MMT in May   

      -- 24.5 MMT in 2010-11     

  • EU-27 WHEAT: 138.88 MMT; compares to 138.88 MMT in May  

      -- 142.97 MMT in 2010-11     

  • CHINA CORN: 155.0 MMT; compares to 155.0 MMT in May  

      -- 166.0 MMT in 2010-11

  • ARGENTINA CORN: 22.5 MMT; compares to 21.0 MMT in May

      -- 21.0 MMT in 2010-11

  • SOUTH AFRICA CORN: 14.0 MMT; compares to 14.0 MMT in May  

      -- 12.5 MMT in 2010-11

  • BRAZIL CORN: 53.0 MMT; compares to 53.5 MMT in May   

      -- 51.0 MMT in 2010-11

  • CHINA COTTON: 32.5 mil. bales; compares to 32.5 mil. bales in May

      -- 33.0 mil. bales in 2010-11


 



 

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