USDA August 2013 Report Snapshot

August 12, 2013 05:56 AM
 

 

 

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

 

 

2013 Crop Production

USDA

Avg.

Range

July

2012

in billion bushels

Corn

13.763

14.005

13.485-14.348

13.950

10.780

Soybeans

3.255

3.336

3.226-3.420

3.420

3.015

All wheat

2.114

2.106

1.942-2.150

2.114

2.269

All winter wheat

1.54

1.543

1.510-1.554

1.543

1.645

Other spring wheat

0.511

0.506

0.435-0.538

0.513

0.542

Durum

0.0602

0.061

0.055-0.080

0.058

0.082

Cotton (mil. bales)

13.05

13.69

13.25-14.20

13.50

17.315

 

2012-13 carryover

USDA

Avg.

Range

USDA July

2011-12

in billion bushels

Corn

0.719

0.724

0.537-0.819

0.729

0.989

Soybean

0.125

0.123

0.109-0.135

0.125

0.169

 

2013-14 carryover

USDA

Avg.

Range

July

in billion bushels

Corn

1.837

1.970

1.498-2.431

1.959

Soybeans

0.220

0.263

0.131-0.306

0.295

Wheat

0.551

0.572

0.477-0.653

0.576

Cotton (mil. bales)

2.8

3.05

2.80-3.60

2.9

 

Global carryover in MMT

2013-14
August

2013-14
July

2012-13

Corn

150.17
150.97
123.11

Wheat

172.99
172.38
174.42

Soybeans

74.27
74.12
62.22

Meal

11.16
9.77
10.83

Soyoil

3.63
3.45
3.77

Cotton

93.77
94.34
86.35

 

Global crop in MMT

2013-14
August

2013-14
July

2012-13

Wheat

U.S.

57.54

57.52

61.76

Australia

25.5
25.5
22.08

Canada

29.5
29.0
27.2

EU

141.37
138.60
133.05

China

121.0
121.0
121.0

FSU-12

106.96
102.26
77.21

Corn

U.S.

349.60

354.35

273.83

Argentina

27.0

27.0

26.5

Brazil

72.0
72.0
80.0

EU

65.03
65.63
58.54

Mexico

22.0
23.0
21.5

China

211.0
211.0
205.6

FSU-12

42.36
39.76
32.4

Soybeans

U.S.

88.60
93.08
82.06

Argentina

53.5
53.5
49.5

Brazil

85.0
85.0
82.0

China

12.5
12.5
12.8

Cotton

U.S.

13.05
13.5
17.32

Brazil

7.0
7.0
5.8

India

28.0
28.0
26.5

China

33.0
34.0
35.0

Pakistan

9.7
9.5
9.3

 

 


 

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