USDA May Report Snapshot

May 10, 2012 02:26 AM
 

 

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

 

2011-12 carryover

USDA

Avg.

Range

USDA April

2010-11

in billion bushels

Corn

0.851

0.758

0.660-0.801

0.801

1.128

Soybean

0.210

0.221

0.200-0.250

0.250

0.215

Wheat

0.768

0.781

0.756-0.800

0.793

0.862

Cotton (mil. bales)

3.4

3.4

3.20-3.80

3.40

2.60

 

2012-13 carryover

USDA

Avg.

Range

in billion bushels

Corn

1.881

1.704

1.209-2.072

Soybeans

0.145

0.170

0.100-0.250

Wheat

0.735

0.805

0.609-0.963

Cotton (mil. bales)

4.9

NA

NA

 

Wheat Production

USDA

Avg.

Range

2011

in billion bushels

All wheat

2.245

2.196

2.054-2.282

1.999

All winter

1.69

1.634

1.499-1.707

1.494

HRW

1.03

0.990

0.880-1.068

0.780

SRW

0.428

0.413

0.307-0.454

0.458

White winter

0.233

0.231

0.214-0.267

0.256

 

Global carryover in MMT

2011-12
May

2011-12
April

2012-13

Corn

127.56
122.71
152.34

Wheat

197.03
206.27
188.13

Soybeans

53.24
55.52
58.07

Meal

7.5
6.89
8.32

Soyoil

2.72
2.5
2.28

Cotton

66.88
66.07
73.75

 

 

Global crop projections

2011-12 May

2010-11
April

2012-13

Million Metric Tons

Australia wheat

29.5
29.5
26.0

Canada wheat

25.26
25.26
27.0

Argentine wheat

14.50
14.50
12.0

China wheat

117.92
117.92
120.0

EU-27 wheat

137.38
137.49
132.0

FSU-12 wheat

114.42
114.30
97.76

South Africa corn

11.5
11.5
13.0

Argentina corn

21.5

21.5

25.0

Brazil corn

67.0
62.0
67.0

China corn

191.75
191.75
193.0

Brazil soybeans

65.0
66.0
78.0

Argentine soybeans

42.5
45.0
55.0

China soybeans

13.5
13.5
13.1

India cotton

26.5
26.5
25.0

Australia cotton

4.7
4.7
4.5

China cotton

33.5
33.5
30.5

Pakistan cotton

10.6
10.8
10.0

 


 

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