USDA July Report Snapshot

July 11, 2012 02:35 AM
 

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

 

Wheat Production

USDA

Avg.

Range

June

2011

in billion bushels

All wheat

2.224

2.253

2.144-2.308

2.234

1.999

All winter

1.67

1.668

1.613-1.699

1.684

1.494

HRW

1.01

1.010

0.963-1.026

1.024

0.780

SRW

0.429

0.426

0.403-0.460

0.429

0.458

White winter

0.232

0.229

0.215-0.233

0.231

0.256

Other spring

0.472

0.492

0.420-0.524

NA

0.455

Durum

0.082

0.088

0.075-0.100

NA

0.050

 

2011-12 carryover

USDA

Avg.

Range

USDA June

2010-11

in billion bushels

Corn

0.903

0.840

0.750-0.905

0.851

1.128

Soybean

0.170

0.170

0.145-0.200

0.175

0.215

 

2012-13 carryover

USDA

Avg.

Range

June

2011-12

in billion bushels

Corn

1.183

1.232

0.750-1.690

1.881
0.903

Soybeans

0.130

0.134

0.095-0.176

0.140
0.170

Wheat

0.664

0.725

0.639-0.822

0.694
0.743

Cotton (mil. bales)

4.80

4.6

4.1-5.1

4.9

3.30

 

Global carryover in MMT

2012-13
July

2012-13
June

2011-12
July

2011-12
June

Corn

134.09
155.74
129.37
129.19

Wheat

182.44
185.76
197.18
195.56

Soybeans

55.66
58.54
52.51
53.36

Meal

8.59
8.31
7.80
7.47

Soyoil

2.23
2.24
2.98
2.74

Cotton

72.39
74.51
66.68
67.32

 

Global crop projections

2012-13
July

2012-13
June

2011-12
July

2011-12
June

Million Metric Tons

Australia wheat

26.0
26.0
29.50
29.50

Canada wheat

26.6
27.0
25.26
25.26

Argentine wheat

12.0
12.0
14.50
14.50

China wheat

118.0
120.0
117.92
117.40

EU-27 wheat

133.14
131.01
137.38
137.38

FSU-12 wheat

88.56
94.76
114.42
114.42

South Africa corn

13.0
13.0
11.5
11.5

Argentina corn

25.0

25.0

21.0

21.0

Brazil corn

67.0
67.0
70.0
69.0

China corn

195.0
195.0
192.78
192.78

Brazil soybeans

78.0
78.0
65.5
65.5

Argentine soybeans

55.0
55.0
41.0
41.5

China soybeans

12.6
12.6
13.5
13.5

India cotton

24.0
25.0
26.5
26.5

Australia cotton

4.25
4.25
4.9
4.7

China cotton

30.5
30.5
33.5
33.5

Pakistan cotton

9.7
10.0
10.6
10.6

 


 

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