USDA 2012 October Report Snapshot

October 11, 2012 02:31 AM
 

 

Following is a snapshot of key data from this morning's USDA Crop Production and Supply & Demand Reports:

Crop production

USDA

Avg.

Range

USDA Sept.

2011

in billion bushels

Corn

10.706

10.598

9.954-11.194

10.727

12.358

Soybeans

2.86

2.770

2.600-2.903

2.634

3.056

Cotton (mil. bales)

17.287

17.0

16.8-17.1

17.1

15.6

 

2012-13 carryover

USDA

Avg.

Range

USDA Sept.

2011-12

in billion bushels

Corn

0.619

0.645

0.454-0.815

0.733

0.988

Soybeans

0.130

0.134

0.095-0.203

0.115

0.169

Wheat

0.654

0.627

0.550-0.714

0.698

0.743

Cotton (mil. bales)

5.6

5.0

4.0-5.5

5.3

3.4

 

Global carryover in MMT

2012-13
Oct.

2012-13
Sept.

2011-12

Corn

117.27
123.95
131.54

Wheat

172.00
176.71
198.17

Soybeans

57.56
53.10
54.79

Meal

8.11
7.38
9.14

Soyoil

2.35
2.21
3.56

Cotton

79.11
76.52
69.56

 

Global crop projections

2012-13
Oct.

2012-13
Sept.

2011-12

Million Metric Tons

Australia wheat

23.0
26.0
29.52

Canada wheat

26.7
27.0
25.26

Argentine wheat

11.5
11.5
15.5

China wheat

118.0
118.0
117.92

EU-27 wheat

131.58
132.37
137.37

FSU-12 wheat

77.71
78.96
114.42

South Africa corn

13.5
13.5
11.5

Argentina corn

28.0

28.0

21.0

Brazil corn

70.0
70.0
72.73

China corn

200.0
200.0
192.78

Brazil soybeans

81.0
81.0
66.5

Argentine soybeans

55.0
55.0
41.0

China soybeans

12.6
12.6
13.5

India cotton

25.5
24.5
27.5

Australia cotton

4.25
4.25
5.5

China cotton

31.5
31.0
33.10

Pakistan cotton

10.0
9.7
10.6

 

 

 


 

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