Recap Table for Tomorrow’s USDA June supply and demand and crop production report

TABLE-USDA June crop production and supply/demand report

 

U.S. Winter Wheat Production

USDA June    Avg Est    Est Range      USDA May    vs. 2013

estimate                               estimate

All Winter      ________     1.394      1.33-1.445     1.403        1.534

Hard Red Winter ________     0.733      0.661-0.776    0.746        0.744

Soft Red Winter ________     0.455      0.443-0.473    0.447        0.565

White Winter    ________     0.207      0.197-0.217    0.209        0.225

All Wheat       ________     1.964      1.903-2.041    1.963        2.130

 

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

 

USDA June     Average of    Range of         USDA May

2013/14       analysts’     analysts’        2013/14

end-stocks    estimates     estimates        end-stocks

estimates                                    estimates

Wheat       _________     0.590         0.565-0.625      0.583

Corn        _________     1.170         1.121-1.279      1.146

Soybeans    _________     0.127         0.119-0.139      0.130

 

USDA 2014/15 U.S. grain and soybean ending stocks

 

USDA June        Average of      Range of         USDA May

2014/15          analysts’       analysts’        2014/15

end-stocks       estimates       estimates        end-stocks

estimates                                         estimates

 

Wheat       _________        0.552           0.475-0.658      0.540

Corn        _________        1.716           1.405-2.282      1.726

Soybeans    _________        0.319           0.245-0.364      0.330

 

USDA 2013/14 global grain and soybean ending stocks

 

USDA June     Average of     Range of          USDA May

2013/14       analysts’      analysts’         2013/14

end-stocks    estimates      estimates         end-stocks

estimates                                      estimates

Wheat       ________      186.15         181.55-188.00     186.53

Corn        ________      168.35         167.50-169.12     168.42

Soybeans    ________      66.43          65.00-67.50       66.98

 

USDA 2014/15 global grain and soybean ending stocks

 

 

USDA June      Average of      Range of          USDA June

2014/15        analysts’       analysts’         2014/15

end-stocks     estimates       estimates         end-stocks

estimates                                        estimates

 

Wheat    ________      187.00          180.90-190.00     187.42

Corn     _________     181.52          175.21-184.50     181.73

Soybeans ________      81.97           80.00-83.13       82.23

 

USDA world production

 

June USDA       May USDA     June USDA    May USDA

2013/14         2013/14      2014/15      2014/15

estimate        estimate     estimate     estimate

Argentina wheat   _____           10.50        _____        12.50

Australia wheat   _____           27.00        _____        25.50

China corn        _____           217.73       _____        220.00

Argentina corn    _____           24.00        _____        26.00

South Africa corn _____           14.00        _____        13.50

Brazil corn       _____           75.00        _____        74.00

Argentina soy     _____           54.00        _____        54.00

Brazil soy        _____           87.50        _____        91.00

 

 

Data source: Reuters