USDA Numbers

Posted by Nogger - a legend in his own mind at 14:53 | Categorized as

10/01/11 -- The USDA are out on Wednesday with a raft of important numbers including US winter wheat plantings, revised 2010 production numbers for corn and beans, quarterly stocks and 2010/11 ending stocks estimates.

Here's a note of what the trade is expecting.



USDA 2010/11 Ending Stocks Estimates (billion bushels):





























Product
Avg Est
Range
USDA Dec Est
USDA 09/10
Wheat
0.842
0.733-0.923
0.858
0.976
Corn
0.778
0.681-0.884
0.832
1.708
Beans
0.158
0.113-0.200
0.165
0.151


USDA Quarterly Stocks Estimates (billion bushels):



























Product
Avg Est
Range
Year Ago
Wheat
1.938
1.840-2.032
1.782
Corn
10.067
9.132-10.410
10.902
Beans
2.345
2.258-2.410
2.339


USDA 2010 Production Estimates (billion bushels):
























Product
Avg Est
Range
USDA Dec Est
USDA 09
Corn
12.491
12.300-12.616
12.540
13.110
Beans
3.376
3.280-3.420
3.375
3.359


USDA 2010 Yield Estimates (bushels/acre):
























Product
Avg Est
Range
USDA Dec Est
USDA 09
Corn
153.9
153.0-154.8
154.3
164.7
Beans
44.0
43.5-44.6
43.9
44.0


USDA 2011 Crop Winter Wheat Acres (million acres):

































Product
Avg Est
Range
USDA 2010
All Wheat
41.219
39.377-43.200
37.335
HRW
30.241
28.900-31.138
28.553
SRW
7.281
6.232-8.523
5.274
White Wheat
3.545
2.986-3.700
3.508