USDA April Report Snapshot

April 10, 2012 02:30 AM
 

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

 

 


 

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