USDA September 2012 Report Snapshot

September 12, 2012 04:01 AM
 

 

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

 

 

2012 Crop Production

USDA

Avg.

Range

August

2011

in billion bushels

Corn

10.727

10.403

9.860-10.779

10.779

12.358

Soybeans

2.634

2.638

2.400-2.739

2.692

3.056

Cotton (mil. bales)

17.11

17.4

16.8-17.9

17.7

15.6

 

2011-12 carryover

USDA

Avg.

Range

USDA August

2010-11

in billion bushels

Corn

1.181

1.014

0.750-1.176

1.021

1.128

Soybean

0.130

0.137

0.095-0.173

0.145

0.215

 

2012-13 carryover

USDA

Avg.

Range

August

in billion bushels

Corn

0.733

0.618

0.506-0.750

0.650

Soybeans

0.115

0.106

0.087-0.117

0.115

Wheat

0.698

0.709

0.670-0.797

0.698

Cotton (mil. bales)

5.3

5.4

4.6-5.9

5.5

 

Global carryover in MMT

2012-13
September

2012-13
August

2011-12

Corn

123.95
123.33
139.60

Wheat

176.71
177.17
198.64

Soybeans

53.10
53.38
53.65

Meal

7.38
7.53
9.22

Soyoil

2.21
1.98
3.41

Cotton

76.52
74.67
69.88

 

Global crop projections

2012-13
September

2012-13
August

2011-12

Million Metric Tons

Australia wheat

26.0
26.0
29.50

Canada wheat

27.0
27.0
25.26

Argentine wheat

11.5
11.5
15.0

China wheat

118.0
118.0
117.92

EU-27 wheat

132.37
132.9
137.4

FSU-12 wheat

78.98
82.96
114.42

South Africa corn

13.0
13.0
11.5

Argentina corn

28.0

28.0

21.0

Brazil corn

70.0
70.0
72.73

China corn

200.0
200.0
192.78

Brazil soybeans

81.0
81.0
66.5

Argentine soybeans

55.0
55.0
41.0

China soybeans

12.6
12.6
13.5

India cotton

24.5
23.5
27.5

Australia cotton

4.25
4.25
5.2

China cotton

31.0
31.0
33.5

Pakistan cotton

9.7
9.7
10.6

 


 

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