USDA February 2012 Report Snapshots

February 9, 2012 01:18 AM
 

Following is a snapshot of key data from this morning's USDA Supply & Demand Report:

 

 

2011-12 carryover

USDA

Avg.

Range

USDA Jan.

2010-11

in billion bushels

Corn

0.801

0.797

0.680-0.846

0.846

1.128

Soybean

0.275

0.269

0.245-0.300

0.275

0.215

Wheat

0.845

0.868

0.836-0.935

0.870

0.862

Cotton (mil. bales)

3.800

3.44

2.67-3.9

3.70

2.60

 

Global crop projections

2011-12 February

2011-12 January

2010-11

Million Metric Tons

Australia wheat

28.30
28.30
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

114.41
114.18
81.29

South Africa corn

12.5
12.5
10.92

Argentina corn

22.0

26.0

22.5

Brazil corn

61.0
61.0
57.50

China corn

191.75
191.75
177.25

Brazil soybeans

72.0
74.0
75.5

Argentine soybeans

48.0
50.5
49.0

China soybeans

13.5
13.5
15.1

India cotton

27.0
27.0
26.4

Australia cotton

5.0
5.0
4.2

China cotton

33.5
33.5
30.5

Pakistan cotton

10.4
10.0
8.8

 

Global carryover in MMT

2011-12 February

2011-12 January

2010-11

Corn

125.35
128.14
128.83

Wheat

213.10
210.02
200.70

Soybeans

60.28
63.43
68.90

Meal

8.31
8.29
8.19

Soyoil

2.68
2.65
3.00

Cotton

60.77
58.35
46.99

 


 

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