USDA Numbers

Posted by Nogger - a legend in his own mind at 13:41 | Categorized as

09/06/11 -- The USDA's stocks data just out pegs old crop US corn and soybean inventories higher than trade expectations. Old crop corn stocks were left unchanged at 730 million bushels and those for soybeans raised 10 million to 180 million. Wheat stocks were reduced 30 million to 809 million.

For new crop, corn stocks were cut more than analysts estimated to 695 million from 900 million last month. Soybean stocks were raised by 30 million, more than expected, to 190 million. Wheat stocks fell less than expected to 687 million.

US winter wheat production was raised from last month, contrary to widespread expectations for a fall. World wheat stocks were also raised for both 2010/11 and 2011/12. Corn stocks are seen falling on a global scale and soybean stocks remaining relatively static.

Here's the numbers:


































































































































































US Ending Stock Estimates 2010/11 (Billion Buhels):
 

USDA

Jun 11

Avg Est
Range

USDA

May 11

USDA 09/10
Corn
0.730
0.706
0.565-0.780
0.730
1.708
Beans
0.180
0.176
0.142-0.195
0.170
0.151
Wheat
0.809
0.842
0.824-0.868
0.839
0.976
US Ending Stock Estimates 2011/12 (Billion Buhels):
 

USDA

Jun 11

Avg Est
Range

USDA

May 11

Corn
0.695
0.771
0.520-0.950
0.900
Beans
0.190
0.170
0.124-0.214
0.160
Wheat
0.687
0.659
0.495-0.742
0.702
US Winter Wheat Production 2011/12 (Billion Bushels):
 

USDA

Jun 11

Avg Est
Range

USDA

May 11

USDA 10/11
All wheat
2.058
2.009
1.905-2.100
2.043
2.220
World Ending Stock Estimates 2010/11 (MMT):
 

USDA

Jun 11

USDA

May 11

USDA 09/10
  
Corn
117.4
122.19
145.80
  
Beans
64.5
63.81
58.88
  
Wheat
187.1
182.20
197.91
  
World Ending Stock Estimates 2011/12 (MMT):
 

USDA

Jun 11

USDA

May 11

   
Corn
111.9
129.14
   
Beans
61.6
61.85
   
Wheat
184.3
181.26