USDA June 2013 Report Snapshot

June 12, 2013 06:01 AM
 

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

Wheat Production

USDA

Avg.

Range

May

2012

in billion bushels

All wheat

2.08

2.026

1.872-2.082

2.057

2.269

All winter

1.509

1.457

1.401-1.503

1.486

1.645

HRW

0.781

0.743

0.676-0.789

0.768

1.004

SRW

0.509

0.506

0.492-0.517

0.501

0.420

White winter

0.219

0.208

0.200-0.217

0.217

0.222

 

2012-13 carryover

USDA

Avg.

Range

USDA May

2011-12

in billion bushels

Corn

0.769

0.748

0.700-0.789

0.759

0.989

Soybean

0.125

0.125

0.119-0.130

0.125

0.169

Wheat

0.746

0.734

0.725-0.751

0.731

0.743

Cotton (mil. bales)

3.6

NA

NA

4.00

3.35

 

2013-14 carryover

USDA

Avg.

Range

May

in billion bushels

Corn

1.949

1.758

1.274-1.994

2.004

Soybeans

0.265

0.273

0.185-0.339

0.265

Wheat

0.659

0.634

0.501-0.686

0.670

Cotton (mil. bales)

2.6

3.28

2.75-4.10

3.0

 

Global carryover in MMT

2013-14
June

2013-14
May

2012-13

Corn

151.83
154.63
124.31

Wheat

181.25
186.38
179.87

Soybeans

73.69
74.96
61.21

Meal

10.03
9.85
9.53

Soyoil

3.31
3.25
3.51

Cotton

92.49
92.74
84.93

 

Global crop projections

2013-14
June

2013-14
May

2012-13
June

Million Metric Tons

Australia wheat

24.5
24.5
22.08

Canada wheat

29.0
29.0
27.2

Argentine wheat

13.0
13.0
11.0

China wheat

121.0
121.0
120.6

EU-27 wheat

137.44
138.77
132.06

FSU-12 wheat

102.59
107.09
77.21

South Africa corn

13.0
13.0
12.2

Argentina corn

27.0

27.0

26.5

Brazil corn

72.0
72.0
77.0

China corn

212.0
212.0
205.6

Brazil soybeans

85.0
85.0
82.0

Argentine soybeans

54.5
54.5
51.0

China soybeans

12.0
12.0
12.6

India cotton

27.0
27.0
26.5

Australia cotton

4.50
4.50
4.30

China cotton

34.0
34.0
35.0

Pakistan cotton

9.5
9.5
9.3

 


 

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