USDA March 2013 Report Snapshot

March 8, 2013 05:06 AM
 

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

2012-13 carryover

USDA

Avg.

Range

USDA Feb.

2011-12

in billion bushels

Corn

0.632

0.649

0.627-0.750

0.632

0.989

Soybean

0.125

0.122

0.107-0.131

0.125

0.169

Wheat

0.716

0.713

0.671-0.754

0.691

0.743

Cotton (mil. bales)

4.200

4.40

4.10-4.80

4.50

3.40

 

Global crop projections

2012-13
March

2012-13
February

2011-12

Million Metric Tons

Australia wheat

22.0
22.0
29.92

Canada wheat

27.2
27.2
25.29

Argentine wheat

11.0
11.0
15.5

China wheat

120.6
120.6
117.4

EU-27 wheat

132.25
131.73
137.23

FSU-12 wheat

77.21
77.19
115.01

South Africa corn

13.0
13.5
12.42

Argentina corn

26.5

27.0

21.0

Brazil corn

72.5
72.5
73.0

China corn

208.0
208.0
192.78

Brazil soybeans

83.5
83.5
66.5

Argentine soybeans

51.5
53.0
40.1

China soybeans

12.6
12.6
14.48

India cotton

25.5
25.5
27.5

Australia cotton

4.20
4.20
5.5

China cotton

35.0
34.0
33.10

Pakistan cotton

9.3
9.6
10.6

 

Global carryover in MMT

2012-13 March

2012-13 February

2011-12

Corn

117.48
118.04
131.16

Wheat

178.23
176.73
196.47

Soybeans

60.21
60.12
55.25

Meal

9.22
9.29
10.14

Soyoil

3.34
3.32
3.81

Cotton

81.74
81.86
68.98

 


 

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