The USDA Numbers
10/05/13
-- The USDA's eagerly awaited raft of important numbers are out, here's some of
them:
USDA 2012/13 Ending Stocks Estimates (million bushels):
| Product |
USDA
|
Avg Est
|
Range
|
USDA 2012/13
|
| Wheat |
731
|
731
|
681-747
|
731
|
| Corn |
759
|
754
|
684-802
|
757
|
| Beans |
125
|
124
|
107-130
|
125
|
USDA 2013/14 Ending Stocks Estimates (million bushels):
| Product |
USDA
|
Avg Est
|
Range
|
| Wheat |
670
|
627
|
486-726
|
| Corn |
2004
|
1973
|
1387-2427
|
| Beans |
265
|
239
|
147-347
|
USDA 2012/13 World Ending Stocks Estimates (MMT):
| Product |
USDA
|
Avg Est
|
Range
|
USDA Apr
|
| Wheat |
180.2
|
181.5
|
178.3-183.2
|
182.26
|
| Corn |
125.4
|
125.8
|
123.8-132.1
|
125.29
|
| Beans |
62.5
|
62.3
|
61.1-63.0
|
62.63
|
South American 2012/13 Crop Production:
| Product |
USDA
|
Avg Est
|
Range
|
USDA Apr
|
| Brazil Soybeans |
83.5
|
82.8
|
82.0-83.5
|
83.5
|
| Brazil Corn |
76.0
|
75.2
|
73.5-77.5
|
74.0
|
| Argentina Soybeans |
51.0
|
50.9
|
48.5-53.0
|
51.5
|
| Argentina Corn |
26.5
|
25.4
|
25.0-26.0
|
26.5
|
USDA 2013/14 World Ending Stocks Estimates (MMT):
| Product |
USDA
|
Avg Est
|
Range
|
|
| Wheat |
186.4
|
186.4
|
178.1-195.8
|
|
| Corn |
154.6
|
151.63
|
135.4-165.6
|
|
| Beans |
75.0
|
70.5
|
65.0-83.0
|
USDA 2013/14 US Wheat Production (million bushels):
| Product |
USDA
|
Avg Est
|
Range
|
USDA 2012/13
|
| US All Wheat |
2057
|
2059
|
1832-2165
|
2269
|
| All Winter Wheat |
1486
|
1477
|
1359-1555
|
1645
|
| HRW Wheat |
768
|
765
|
676-834
|
1004
|
| SRW Wheat |
501
|
496
|
473-524
|
420
|
| White Winter Wheat |
205
|
217
|
204-226
|
222
|
