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USDA February 2016 Report Snapshots

17:03PM Feb 09, 2016

 

Following is a snapshot of key data from this morning's USDA Supply & Demand Report:

2015-16 carryover

USDA

Avg.

Range

USDA Jan.

2014-15

in billion bushels

Corn

1.837

1.809

1.752-1.852

1.802

1.731

Soybeans

0.450

0.445

0.425-0.470

0.440

0.191

Wheat

0.966

0.947

0.931-0.975

0.941

0.752

Cotton (mil. bales)

3.60

NA

NA

3.10

3.70

 

2015-16
Global Carryover
2015-16
February
2015-16
January
2014-15
February
Million Metric Tons
Corn

208.81

208.94

206.18
Wheat
238.87
232.04
214.51
Soybeans
80.42
79.28
77.08
Meal
11.29
11.48
12.22
Soyoil
3.64
3.63
3.62
Cotton (mil. bales)
104.08
102.86
112.17

 

Global crop in MMT
2015-16
February
2015-16
January
2014-15
February
Wheat
U.S.
55.84
55.84
55.15
Australia
26.0
26.0
23.67
Canada
27.6
27.6
29.42
EU
157.98
157.98
156.53
China
130.19
130.19
126.21
FSU-12
117.53
117.53
112.73
Corn
U.S.
345.49
345.49
361.09
Argentina
27.0
25.6
27.0
Brazil
84.0
81.5
85.0
EU
57.75
57.75
75.79
Mexico
23.5
23.5
25.48
China
224.58
224.58
215.65
FSU-12
39.94
39.91
43.73
Soybeans
U.S.
106.95
106.95
106.88
Argentina
58.5
57.0
61.4
Brazil
100.0
100.0
96.2
China
12.0
12.0
12.15
Cotton (mil. bales)
U.S.
12.94
12.94
16.32
Brazil
6.7
6.5
7.0
India
27.8
28.0
29.50
China
23.8
23.8
30.0
Pakistan
7.2
7.2
10.60