USDA Report: Summary For August Production, Supply/Demand Report

USDA Report: Recap For Aug  Production, Supply And Demand Report

U.S. corn and soybean production

 

USDA Aug      Avg Est      Est Range       USDA July       U.S. 2012

Corn

Production    __13.763_______     13.980       13.485-14.269   13.950       10.780

Yield/acre     ____154.4_____     157.721     154.000-161.200   156.5        123.4

Soybean

Production    ___3.255______      3.338         3.220-3.400     3.420        3.015

Yield/acre    ___42.6______       43.472       42.000-44.400    44.5         39.6

 

 

U.S. Winter Wheat Production

 

USDA Aug    Avg Est   Est Range   USDA July  U.S. 2012

 

All Wheat        _2.114____       2.112    2.025-2.148  2.113         2.269

All Winter        __1.543___       1.548    1.510-1.588  1.543         1.645

Hard Red Winter    __.791___         0.792    0.764-0.803     0.793         1.004

Soft Red Winter    __.542___       0.540    0.535-0.550   0.539     0.420

White Winter        __.209___       0.217    0.205-0.248   0.211     0.222

Other Spring        __.511___       0.503    0.435-0.538      0.513     0.542

Durum               _.060____       0.059    0.047-0.080      0.058     0.082

USDA 2012/13 U.S. grain and soybean ending stocks

 

USDA Aug        Average of      Range of          USDA July

2012/13         analysts’       analysts’         2012/13

end-stocks      estimates       estimates         end-stocks

estimates                                         estimates

 

Corn         _.719____           0.725          0.537-0.819       0.729

Soybeans     _.125____           0.122          0.109-0.135       0.125

 

USDA 2013/14 U.S. grain and soybean ending stocks

 

USDA Aug        Average of      Range of         USDA July

2013/14         analysts’       analysts’        2013/14

end-stocks      estimates       estimates        end-stocks

estimates                                        estimates

 

Wheat        __.551___           0.573          0.489-0.653    0.576

Corn         __1.837___           1.971          1.498-2.431    1.959

Soybeans     _.220____           0.263          0.131-0.306    0.295

 

 

USDA 2012/13 global grain and soybean ending stocks

 

USDA Aug        Average of      Range of         USDA July

2012/13         analysts’       analysts’        2012/13

end-stocks      estimates       estimates        end-stocks

estimates                                        estimates

 

Corn          ___123.11____       124.042      122.820-126.000     123.570

Soybeans       __62.22____        61.417       60.250-62.500       61.520

 

 

USDA 2013/14 global grain and soybean ending stocks

USDA Aug        Average of      Range of         USDA July

2013/14         analysts’       analysts’        2013/14

end-stocks      estimates       estimates        end-stocks

estimates                                        estimates

 

Wheat         __172.99_____       171.838      168.000-181.110    172.380

Corn          ___150.17____       151.090      148.000-155.000    150.970

Soybeans       __72.27____        73.591       68.480-75.100     74.120

 

USDA world production

Aug  USDA      July USDA     Aug  USDA      July USDA

2012/13        2012/13       2013/14        2013/14

estimate       estimate      estimate       estimate

 

Argentina wheat   _10.0____            10.00     __12.0___        13.00

Australia wheat   _22.08____            22.08    __25.50___         25.50

EU-27 wheat      ___133.05___           133.12    ___141.37___     138.60

India wheat       _94.88____            94.88    ___92.46__         92.00

China corn       ___205.60___           205.60     __211.00____     211.00

Argentina corn    __26.50___            26.50     __27.00___         27.00

South Africa corn __12.20___            12.20     _13.00____         13.00

Brazil corn       __80.0___            77.00     _72.0____         72.00

Argentina soy     ___49.50__            50.20     ___53.5__         53.50

Brazil soy        __82.0___            82.00      _85.0____         85.00