TAGS: Marketing, Overseas
December 18, 2014
Following is a snapshot of key data from this morning's USDA Supply & Demand Reports:
|
2011-12 carryover
|
USDA
|
Avg.
|
Range
|
USDA March
|
2010-11
|
|
in billion bushels
|
|
Corn
|
0.801
|
0.717
|
0.626-0.801
|
0.801
|
1.128
|
|
Soybean
|
0.250
|
0.246
|
0.225-0.275
|
0.275
|
0.215
|
|
Wheat
|
0.793
|
0.796
|
0.740-0.825
|
0.825
|
0.862
|
|
Cotton (mil. bales)
|
3.40
|
3.40
|
3.00-3.90
|
3.9
|
2.6
|
|
Global carryover in MMT
|
2011-12
April
|
2011-12 March
|
2010-11
|
|
Corn
|
122.71
|
124.53
|
125.02
|
|
Wheat
|
206.27
|
209.58
|
198.72
|
|
Soybeans
|
55.52
|
57.30
|
69.12
|
|
Meal
|
6.89
|
7.40
|
8.06
|
|
Soyoil
|
2.5
|
2.73
|
3.05
|
|
Cotton
|
66.07
|
62.32
|
50.51
|
|
Global crop projections
|
2011-12 April
|
2011-12 March
|
2010-11
|
|
Million Metric Tons
|
|
Australia wheat
|
29.5
|
29.5
|
27.89
|
|
Canada wheat
|
25.26
|
25.26
|
23.17
|
|
Argentine wheat
|
14.50
|
14.50
|
16.10
|
|
China wheat
|
117.92
|
117.92
|
115.18
|
|
EU-27 wheat
|
137.49
|
137.49
|
135.67
|
|
FSU-12 wheat
|
114.30
|
114.30
|
81.06
|
|
South Africa corn
|
11.5
|
12.0
|
10.92
|
|
Argentina corn
|
21.5
|
22.0
|
23.6
|
|
Brazil corn
|
62.0
|
62.0
|
57.4
|
|
China corn
|
191.75
|
191.75
|
177.25
|
|
Brazil soybeans
|
66.0
|
68.5
|
75.5
|
|
Argentine soybeans
|
45.0
|
46.5
|
49.0
|
|
China soybeans
|
13.5
|
13.5
|
15.1
|
|
India cotton
|
26.5
|
27.0
|
26.4
|
|
Australia cotton
|
4.7
|
4.8
|
4.2
|
|
China cotton
|
33.5
|
33.5
|
30.5
|
|
Pakistan cotton
|
10.8
|
10.6
|
8.8
|