USDA December Report Snapshot

December 9, 2011 01:27 AM
 

 

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

Crop Production

USDA

Avg.

Range

Nov.

2010

in billion bushels

Cotton (mil. bales)

15.83

16.10

15.80-16.3

16.30

18.10

 

2011-12 carryover

USDA

Avg.

Range

USDA Nov.

2010-11

in billion bushels

Corn

0.848

0.838

0.712-0.899

0.843

1.128

Soybeans

0.230

0.213

0.195-0.247

0.195

0.215

Wheat

0.878

0.830

0.731-0.867

0.828

0.862

Cotton (mil. bales)

3.50

3.50

2.300-3.900

3.80

2.60

 

Global carryover in MMT

2011-12 December

2011-12 November

2010-11

Corn

127.19
121.57
128.27

Wheat

208.52
202.60
199.75

Soybeans

64.54
63.56
68.43

Meal

8.28
8.75
8.06

Soyoil

2.64
2.41
3.01

Cotton

57.67
54.96
45.49

 

 

Global crop projections

2011-12 December

2011-12 November

2010-11

Million Metric Tons

Australia wheat

28.30
26.0
27.89

Canada wheat

25.26
24.20
23.17

Argentine wheat

14.50
13.0
16.10

China wheat

117.92
117.0
115.18

EU-27 wheat

137.49
137.49
135.67

FSU-12 wheat

112.45
112.45
81.36

South Africa corn

12.5
12.5
10.92

Argentina corn

29.0

29.0

22.5

Brazil corn

61.0
61.0
57.50

China corn

191.75
184.5
117.25

Brazil soybeans

75.0
75.0
75.5

Argentine soybeans

52.0
52.0
49.0

China soybeans

13.5
14.0
15.1

India cotton

27.5
27.5
25.4

Australia cotton

5.0
5.0
4.2

China cotton

33.5
33.5
30.5

Pakistan cotton

10.0
10.0
8.8

 

 

 


 

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