USDA January 2012 Report Snapshots

January 12, 2012 01:34 AM
 

 

Following is a snapshot of key data from this morning's USDA Annual Crop Production, Supply & Demand, Winter Wheat Seedings and Quarterly Grain Stocks Reports:

 

Annual Crop Production

USDA

Avg.

Range

USDA latest

USDA 2010

in billion bu.

Corn

12.358

12.280

12.17-12.375

12.310

12.447

Soybeans

3.056

3.042

3.010-3.080

3.046

3.329

Cotton (mil. bales)

15.674

15.640

15.36-15.83

15.830

18.100

 

2011-12 carryover

USDA

Avg.

Range

USDA Dec.

2010-11

in billion bushels

Corn

0.846

0.753

0.587-1.020

0.848

1.128

Soybean

0.275

0.227

0.127-0.285

0.230

0.215

Wheat

0.870

0.831

0.753-0.885

0.878

0.862

Cotton (mil. bales)

3.70

3.380

2.800-3.850

3.500

2.600

 

2012 Winter Wheat Seedings

USDA

Avg.

Range

2011
in million acres

All winter

41.947

41.0

39.6-42.9

40.7

HRW

30.1

29.6

28.5-31.6

28.5

SRW

8.37

7.7

6.4-8.6

8.7

White

3.49

3.7

3.6-3.9

3.7

 

Grain Stocks

USDA

Avg.

Range

Sept. 1, 2011

Dec. 1, 2010

in billion bushels

Corn

9.642
9.401

9.200-9.700

1.128

10.057

Soybeans

2.366

2.312

2.227-2.577

0.215

2.278

Wheat

1.656

1.679

1.560-1.904

2.150

1.933

 

Global crop projections

2011-12 January

2011-12 December

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

114.18
112.45
81.36

South Africa corn

12.5
12.5
10.92

Argentina corn

26.0

29.0

22.5

Brazil corn

61.0
61.0
57.50

China corn

191.75
191.75
117.25

Brazil soybeans

74.0
75.0
75.5

Argentine soybeans

50.5
52.0
49.0

China soybeans

13.5
13.5
15.1

India cotton

27.0
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

 

Global carryover in MMT

2011-12 January

2010-11 December

2010-11

Corn

128.14
127.19
128.06

Wheat

210.02
208.52
199.94

Soybeans

63.43
64.54
68.58

Meal

8.29
8.28
8.12

Soyoil

2.65
2.64
3.01

Cotton

58.35
57.67
45.35

 


 

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