USDA January 2013 Report Snapshots

Key data from USDA’s reports.

Following is a snapshot of key data from this morning’s USDA Annual Crop Production Summany, Supply & Demand Report, Winter Wheat Seedings Report and Quarterly Grain Stocks Report:

Annual Crop Production

USDA

Avg.

Range

USDA latest

USDA 2011

in billion bu.

Corn

10.780

10.626

10.1-10.801

10.725

12.358

Soybeans

3.015

2.999

2.922-3.104

2.971

3.094

Cotton (mil. bales)

17.01

17.24

17.00-17.45

17.26

15.57

2012-13 carryover

USDA

Avg.

Range

USDA Dec.

2011-12

in billion bushels

Corn

0.602

0.667

0.489-0.764

0.647

0.988

Soybean

0.135

0.135

0.107-0.178

0.130

0.169

Wheat

0.716

0.743

0.637-0.792

0.754

0.743

Cotton (mil. bales)

4.80

5.19

4.43-5.50

5.40

3.35

2013 Winter Wheat Seedings

USDA

Avg.

Range

2012
in million acres

All winter

41.82

42.6

41.7-44.7

41.3

HRW

29.1

30.3

29.9-31.0

29.9

SRW

9.42

8.9

8.2-10.0

8.1

White

3.27

3.5

3.3-3.9

3.3

Grain Stocks

USDA

Avg.

Range

Sept. 1, 2012

Dec. 1, 2011

in billion bushels

Corn

8.03
8.210

8.050-8.450

0.988

9.647

Soybeans

1.966

1.984

1.915-2.056

0.169

2.370

Wheat

1.66

1.674

1.553-1.721

2.104

1.663

Global crop

2012-13 January

2012-13 December

2011-12

Million Metric Tons

Australia wheat

22.0
22.0
29.92

Canada wheat

27.2
27.2
25.29

Argentine wheat

11.0
11.5
15.5

China wheat

120.6
120.6
117.4

EU-27 wheat

131.73
131.73
137.23

FSU-12 wheat

77.49
77.79
114.81

South Africa corn

13.5
13.5
12.42

Argentina corn

28.0

27.5

21.0

Brazil corn

71.0
70.0
73.0

China corn

208.0
208.0
192.78

Brazil soybeans

82.5
81.0
66.5

Argentine soybeans

54.0
55.0
40.1

China soybeans

12.6
12.6
14.48

India cotton

25.5
25.5
27.5

Australia cotton

4.20
4.00
5.5

China cotton

33.5
31.5
33.10

Pakistan cotton

10.0
10.0
10.6

Global carryover in MMT

2012-13 January

2012-13 December

2011-12

Corn

115.99
117.61
131.79

Wheat

176.64
176.95
195.78

Soybeans

59.46
59.93
55.10

Meal

9.13
9.56
9.99

Soyoil

3.26
3.00
3.82

Cotton

81.72
79.64
68.85


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