Recap for Today’s USDA Report

USDA Report: Recap For February Supply And Demand and World Production

 

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

 

USDA Feb    Average of    Range of    USDA Jan

2013/14    analysts’    analysts’    2013/14

end-stocks    estimates    estimates    end-stocks

estimates                    estimates

 

Wheat            _________    0.603      0.574-0.653    0.608

Corn            _________    1.619      1.574-1.748    1.631

Soybean        _________    0.143      0.125-0.164   0.150

 

 

USDA 2013/14 global grain and soybean ending stocks

 

USDA Feb        Average of       Range of        USDA Jan

2013/14        analysts’       analysts’        2013/14

end-stocks        estimates       estimates        end-stocks

estimates                            estimates

 

Wheat   ________        184.97        182.80-187.00      185.40

Corn     _________        159.60       156.27-163.20      160.23

Soybeans ________         72.67         71.00-75.35        72.33

 

USDA world production  

 

Feb USDA       Jan USDA      Feb USDA       Jan USDA

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

estimate       estimate      estimate       estimate

 

Argentina wheat   _____            10.50     _____          9.50

Australia wheat   _____            26.50    _____          22.46

China corn       ______           217.00     ______     205.61

Argentina corn    _____            25.00     _____          26.50

South Africa corn _____            13.00     _____          12.37

Brazil corn       _____            70.00     _____          81.00

Argentina soy     _____            54.50     _____          49.30

Brazil soy        _____            89.00      _____         82.00