Estimates For Friday’s USDA Report

Final ‘13/14 US corn and bean estimates

  • Corn production (24 analysts surveyed) average estimate 14.066 BB, range of estimates are 13.897 – 14.255 BB. November USDA estimate was 13.989 BB and 2012 final crop was 10.780 BB
  • Corn yield (24 analysts surveyed) average estimate 161.2 BPA, range of estimates are 159.8 – 163.3 BPA. November USDA estimate was 160.4 BPA and 2012 final yield was 123.4 BPA
  • Corn harvested acres (16 analysts surveyed) average estimate 87.174 MA, range of estimates are 86.927-87.612 MA. November USDA estimate was 87.232 MA and 2012 final harvested acres were 87.375 MA
  • Bean production (24 analysts surveyed) average estimate 3.279 BB, range of estimates are 3.24 – 3.33 BB. November USDA estimate was 3.258 BB and 2012 final crop was 3.034 BB .
  • Bean yield (24 analysts surveyed) average estimate 43.3 BPA, range of estimates are 42.7-44.0 BPA. November USDA estimate was 43.0 BPA and 2012 final yield was 39.8 BPA
  • Bean harvested acres (16 analysts surveyed) average estimate 75.749 MA , range of estimates are 75.5 – 76.376 MA . November USDA estimate was 75.688 MA and 2012 final harvested acres were 76.164 MA

 

US 2014 winter wheat acreage estimates

  • Total winter wheat acreage (21 analysts surveyed) average estimate 43.501 MA , range of estimates are 42.5 -44.593 MA. 2013 total winter wheat acreage was 43.090 MA
  • Hard red winter wheat acreage (19 analysts surveyed) average estimate 30.426 MA, range of estimates are 29.4-31.9 MA . 2013 hard red winter wheat acreage was 29.571 MA
  • Soft red winter acreage (19 analysts surveyed) average estimate 9.539 MA, range of estimates are 8.25-10.4 MA. 2013 soft red winter wheat acreage was 10.019 MA
  • White winter wheat acreage (19 analysts surveyed) average estimate 3.533 MA, range of estimates are 3.370 – 3.746 MA. 2013 white winter wheat acreage was 3.5 MA.

 

US quarterly grain and oilseed stocks as of Dec 1st 2013 estimates.

  • Wheat (19 analysts surveyed) average estimate 1.4 BB, range of estimates are 1.305-1.768 BB. September 1, 2013 wheat stocks were 1.855 BB and Dec 1, 2012 wheat stocks were 1.671 BB
  • Corn (20 analysts surveyed) average estimate 10.79 BB, range of estimates are 10.025 – 11.250 BB . September 1st, 2013 corn stocks were .824 BB and Dec 1, 2012 corn stocks were 8.033 BB
  • Beans (20 analysts surveyed) average estimate 2.161 BB, range of estimates are 2.027 – 2.266 BB. September 1st, 2013 bean stocks were .141 BB and December 1, 2012 bean stocks were 1.966 BB

 

US ‘13/14 grain ending stock estimates

  • Wheat (21 analysts surveyed) average estimate .557 BB, range of estimates are .460-.586 BB. USDA December estimate was .575 BB
  • Corn (22 analysts surveyed) average estimate 1.861 BB, range of estimates are 1.654 – 2.054 BB. USDA December estimate was 1.792 BB .
  • Beans (22 analysts surveyed) average estimate .149 BB, range of estimates are .118 – .180 BB. USDA December estimate was .150 BB

 

‘13/14 South American crop estimates

  • Argentina corn production (13 analysts surveyed) average estimate 25.192 MMT, range of estimates are 24.0-26.5 MMT. USDA December estimate was 26.0 MMT
  • Argentina bean production (14 analysts surveyed) average estimate 55.221 MMT, range of estimates are 54.0-57.5 MMT. USDA December estimate was 54.5 MMT
  • Brazil corn production (13 analysts surveyed) average estimate 69.958 MMT, range of estimates are 67.35-71.5 MMT. USDA December estimate was 70.0 MMT
  • Brazil bean production (14 analysts surveyed) average estimate 89.064 MMT, range of estimates are 88.0 – 90.0 MMT. USDA December estimate was 88.0 MMT

 

Global ‘13/14 grain ending stock estimates

  • Wheat (13 analysts surveyed) average estimate 182.57 MMT , range of estimates are 181.0 – 184.20 MMT. USDA December estimate was 182.78 MMT
  • Corn (12 analysts surveyed) average estimate 163.20 MMT, range of estimates are 160.0-165.15 MMT. USDA December estimate was 162.46 MMT
  • Beans (13 analysts surveyed) average estimate 71.53 MMT, range of estimates are 70.96 – 72.50 MMT. USDA December estimate was 70.62 MMT