USDA May 2013 Report Snapshot

May 10, 2013 05:59 AM
 

 

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

 

2012-13 carryover

USDA

Avg.

Range

USDA April

2011-12

in billion bushels

Corn

0.759

0.754

0.684-0.802

0.757

0.989

Soybean

0.125

0.124

0.107-0.130

0.125

0.169

Wheat

0.731

0.731

0.681-0.747

0.731

0.743

Cotton (mil. bales)

4.0

NA

NA

4.20

3.35

 

2013-14 carryover

USDA

Avg.

Range

in billion bushels

Corn

2.004

1.973

1.387-2.427

Soybeans

0.265

0.239

0.147-0.347

Wheat

0.670

0.627

0.486-0.726

Cotton (mil. bales)

3.0

NA

NA

 

Wheat Production

2013

Avg.

Range

2012

in billion bushels

All wheat

2.057

2.059

1.832-2.165

2.269

All winter

1.486

1.477

1.359-1.555

1.645

HRW

0.768

0.765

0.676-0.834

1.004

SRW

0.501

0.496

0.473-0.524

0.420

White winter

0.217

0.217

0.204-0.226

0.222

 

Global carryover in MMT

2013-14

2012-13
May

2012-13
April

Corn

154.63
125.43
125.29

Wheat

186.38
180.17
182.26

Soybeans

74.96
62.46
62.63

Meal

9.85
9.33
9.71

Soyoil

3.25
3.41
3.42

Cotton

92.74
84.78
82.45

 

 

Global crop projections

2013-14

2012-13 May

2012-13
April

Million Metric Tons

Australia wheat

24.5
22.0
22.0

Canada wheat

29.0
27.2
27.2

Argentine wheat

13.0
11.0
11.0

China wheat

121.0
120.6
120.6

EU-27 wheat

138.77
132.06
132.01

FSU-12 wheat

107.09
77.21
77.21

South Africa corn

13.0
12.2
12.5

Argentina corn

27.0

26.5

26.5

Brazil corn

72.0
76.0
74.0

China corn

212.0
208.0
208.0

Brazil soybeans

85.0
83.5
83.5

Argentine soybeans

54.5
51.0
51.5

China soybeans

12.0
12.6
12.6

India cotton

27.0
26.5
25.5

Australia cotton

4.50
4.30
4.20

China cotton

34.0
35.0
35.0

Pakistan cotton

9.5
9.3
9.3

 


 

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