USDA June Report Snapshot

June 12, 2012 02:26 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

2011

in billion bushels

All wheat

2.234

2.222

2.112-2.310

2.245

1.999

All winter

1.684

1.650

1.595-1.689

1.694

1.494

HRW

1.024

0.996

0.957-1.027

1.032

0.780

SRW

0.4285

0.422

0.400-0.450

0.428

0.458

White winter

0.2313

0.231

0.219-0.236

0.233

0.256

 

2011-12 carryover

USDA

Avg.

Range

USDA May

2010-11

in billion bushels

Corn

0.851

0.828

0.688-0.901

0.851

1.128

Soybean

0.175

0.197

0.170-0.218

0.210

0.215

Wheat

0.728

0.757

0.727-0.775

0.768

0.862

Cotton (mil. bales)

3.20

NA

NA

3.40

2.60

 

2012-13 carryover

USDA

Avg.

Range

May

in billion bushels

Corn

1.881

1.740

1.223-1.950

1.881

Soybeans

0.140

0.147

0.112-0.211

0.145

Wheat

0.694

0.728

0.653-0.772

0.735

Cotton (mil. bales)

4.90

5.0

4.4-5.7

4.90

 

Global carryover in MMT

2012-13
June

2012-13
May

2011-12
June

2011-12
May

Corn

155.74
152.34
129.19
127.56

Wheat

185.76
188.13
195.56
197.03

Soybeans

58.54
58.07
53.36
53.24

Meal

8.31
8.32
7.47
7.5

Soyoil

2.24
2.28
2.74
2.72

Cotton

74.51
73.75
67.32
66.88

 

Global crop projections

2012-13
June

2012-13
May

2011-12
June

2011-12
May

Million Metric Tons

 

Australia wheat

26.0
26.0
29.5
29.5

Canada wheat

27.0
27.0
25.26
25.26

Argentine wheat

12.0
12.0
14.50
14.50

China wheat

120.0
120.0
117.40
117.92

EU-27 wheat

131.01
132.0
137.38
137.38

FSU-12 wheat

94.76
97.76
114.42
114.42

South Africa corn

13.0
13.0
11.5
11.5

Argentina corn

25.0

25.0

21.0

21.5

Brazil corn

67.0
67.0
69.0
67.0

China corn

195.0
193.0
192.78
191.75

Brazil soybeans

78.0
78.0
65.5
65.0

Argentine soybeans

55.0
55.0
41.5
42.5

China soybeans

12.6
13.1
13.5
13.5

India cotton

25.0
25.0
26.5
26.5

Australia cotton

4.25
4.5
4.7
4.7

China cotton

30.5
30.5
33.5
33.5

Pakistan cotton

10.0
10.0
10.6
10.6

 


 

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