The USDA Numbers
12/01/12 -- The USDA's eagerly awaited raft of important numbers including US winter wheat plantings, revised 2011 production numbers for corn and beans, quarterly stocks and 2011/12 ending stocks:
USDA 2011/12 Ending Stocks Estimates (billion bushels):
USDA Quarterly Stocks Estimates (billion bushels):
USDA 2011 Production Estimates (billion bushels):
USDA 2011 Yield Estimates (bushels/acre):
USDA 2012 Crop Winter Wheat Acres (million acres):
USDA 2011/12 Ending Stocks Estimates (billion bushels):
Product | USDA | Avg Est | Range | USDA Dec Est | USDA 10/11 | |
Wheat | 0.870 | 0.842 | 0.766-0.888 | 0.878 | 0.862 | |
Corn | 0.846 | 0.749 | 0.587-1.020 | 0.848 | 1.128 | |
Beans | 0.275 | 0.233 | 0.127-0.285 | 0.230 | 0.215 |
USDA Quarterly Stocks Estimates (billion bushels):
Product | USDA | Avg Est | Range | Year Ago | |
Wheat | 1.656 | 1.695 | 1.590-1.904 | 1.933 | |
Corn | 9.642 | 9.391 | 9.200-9.700 | 10.057 | |
Beans | 2.366 | 2.324 | 2.227-2.577 | 2.278 |
USDA 2011 Production Estimates (billion bushels):
Product | USDA | Avg Est | Range | USDA Dec Est | USDA 10 | |
Corn | 12.358 | 12.265 | 12.165-12.375 | 12.310 | 12.447 | |
Beans | 3.056 | 3.048 | 3.010-3.200 | 3.046 | 3.329 |
USDA 2011 Yield Estimates (bushels/acre):
Product | USDA | Avg Est | Range | USDA Dec Est | USDA 10 | |
Corn | 147.2 | 146.163 | 145.0-147.5 | 146.7 | 152.8 | |
Beans | 41.5 | 41.358 | 41.0-42.7 | 41.3 | 43.5 |
USDA 2012 Crop Winter Wheat Acres (million acres):
Product | USDA | Avg Est | Range | USDA 2011 |
All Wheat | 41.9 | 40.933 | 39.600-42.850 | 40.646 |