USDA December 2013 Report Snapshot

December 10, 2013 04:58 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

Nov.

2012

in billion bushels

Cotton (mil. bales)

13.07

13.20

12.90-13.40

13.11

17.30

 

2013-14 carryover

USDA

Avg.

Range

Nov.

2012-13

in billion bushels

Corn

1.792

1.861

1.737-2.013

1.887

0.824

Soybeans

0.150

0.154

0.130-0.170

0.170

0.141

Wheat

0.575

0.553

0.505-0.570

0.565

0.718

Cotton (mil. bales)

3.0

3.0

2.60-3.70

3.0

3.90

 

Global carryover in MMT

2013-14
Dec.

2013-14
Nov.

2012-13

Corn

162.46
164.33
134.90

Wheat

182.78
178.48
175.83

Soybeans

70.62
70.23
60.18

Meal

11.28
11.28
10.54

Soyoil

3.51
3.44
3.53

Cotton

96.41
95.71
89.14

 

Global crop in MMT

2013-14
Dec.

2013-14
Nov.

2012-13

Wheat

U.S.

57.96

57.96

61.67

Australia

26.5
25.5
22.46

Canada

37.5
33.2
27.21

EU

143.12
143.34
133.88

China

121.0
121.0
121.0

FSU-12

104.06
104.06
77.21

Corn

U.S.

355.33

355.33

273.83

Argentina

26.0

26.0

26.5

Brazil

70.0
70.0
81.0

EU

64.94
65.29
58.86

Mexico

21.7
21.7
21.59

China

211.0
211.0
205.6

FSU-12

46.06
45.06
32.4

Soybeans

U.S.

88.66
88.66
82.56

Argentina

54.5
53.5
49.3

Brazil

88.0
88.0
82.0

China

12.2
12.2
12.8

Cotton

U.S.

13.07
13.11
17.32

Brazil

7.4
7.4
6.0

India

29.0
29.0
28.5

China

32.0
32.5
35.0

Pakistan

10.0
9.7
9.3

 

 


 

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