USDA December 2012 Report Snapshot

December 11, 2012 01:30 AM
 

 

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

2012 Crop Production

USDA

Avg.

Range

Nov.

2011

in billion bushels

Cotton (mil. bales)

17.257

17.90

17.4-17.8

17.5

15.6

 

2012-13 carryover

USDA

Avg.

Range

USDA Nov.

2011-12

in billion bushels

Corn

0.647

0.666

0.493-0.752

0.647

0.988

Soybeans

0.130

0.135

0.123-0.145

0.140

0.169

Wheat

0.754

0.718

0.690-0.754

0.704

0.743

Cotton (mil. bales)

5.40

5.50

4.50-6.00

05.80

3.35

 

Global carryover in MMT

2012-13 December

2012-13 November

2011-12

Corn

117.61
117.99
131.04

Wheat

176.95
174.18
195.77

Soybeans

59.93
60.02
56.00

Meal

9.56
9.05
10.07

Soyoil

3.00
2.90
3.82

Cotton

79.64
80.27
69.18

 

 

Global crop projections

2012-13 December

2012-13 November

2011-12

Million Metric Tons

Australia wheat

22.0
21.0
29.92

Canada wheat

27.2
26.7
25.29

Argentine wheat

11.5
11.5
15.5

China wheat

120.6
118.0
117.4

EU-27 wheat

131.73
131.82
137.23

FSU-12 wheat

77.79
77.79
114.80

South Africa corn

13.5
13.5
12.42

Argentina corn

27.5

28.0

21.0

Brazil corn

70.0
70.0
73.0

China corn

208.0
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
14.48

India cotton

25.5
25.5
27.5

Australia cotton

4.00
4.25
5.5

China cotton

31.5
31.5
33.10

Pakistan cotton

10.0
10.0
10.6

 

 

 


 

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