USDA August 2016 Report Snapshot

Posted on 03/09/2017 10:21 AM

Following is a snapshot of key data from this morning's USDA Crop Production and Supply & Demand Reports:

Commodity

Yield

Production

 

USDA

Avg.

Range

USDA July

USDA

Avg.

Range

USDA July

in billion bushels

Corn

175.1

170.6

168.6-175.0

168.0

15.153

14.757

14.58-15.146

14.540

Soybeans

48.9

47.5

46.7-48.8

46.7

4.060

3.941

3.865-4.054

3.880

 

2016 Wheat Production

USDA

Avg.

Range

USDA
July

2015

in billion bushels

All wheat

2.32

2.270

2.231-2.360

2.261

2.052

All winter

1.66

1.630

1.589-1.671

1.628

1.370

HRW

1.05

1.033

0.993-1.049

1.034

0.827

SRW

0.372

0.371

0.365-0.376

0.370

0.359

White winter

0.237

0.224

0.220-0.244

0.224

0.184

Other spring

0.571

0.547

0.525-0.576

0.550

0.599

Durum

0.0917

0.086

0.080-0.094

0.083

0.082

 

 

2015-16

2016-17

Commodity

USDA

Avg.

Range

USDA
July

USDA

Avg.

Range

USDA
July

in billion bushels

Corn

1.706

1.716

1.676-1.829

1.701

2.409

2.255

1.967-2.653

2.081

Soybeans

0.255

0.320

0.254-0.355

0.350

0.330

0.316

0.268-0.403

0.290

Wheat

0.981

--

--

--

1.100

1.114

1.082-1.210

1.105

Cotton (mil bales)

3.90

NA

NA

3.90

4.70

4.40

4.30-4.60

4.60

 

Global Carryover
2016-17
August
2016-17
July
2015-16
August
Million Metric Tons
Corn
220.81
208.39

209.34

Wheat
252.82
253.70
241.88
Soybeans
71.24
67.10
73.0
Meal
10.60
11.23
11.48
Soyoil
3.71
3.67
3.85
Cotton (mil. bales)
89.61
91.29
99.18

 

Global crop in MMT
2016-17
August
2016-17
July
2015-16
August
Wheat
U.S.
63.16
61.53
55.84
Australia
26.5
25.5
24.5
Canada
30.0
29.0
27.6
EU
147.5
156.5
160.01
China
130.0
130.0
130.19
FSU-12
129.93
118.93
117.72
Corn
U.S.
384.92
369.33
345.49
Argentina
36.5
34.0
28.0
Brazil
80.0
80.0
68.5
EU
62.10
64.83
59.08
Mexico
24.25
24.20
25.0
China
218.0
218.0
224.58
FSU-12
44.16
44.16
40.42
Soybeans
U.S.
110.50
105.60
106.93
Argentina
57.0
57.0
56.5
Brazil
103.0
103.0
96.5
China
12.2
12.2
11.6
Cotton (mil. bales)
U.S.
15.88
15.80
12.89
Brazil
6.65
6.4
6.10
India
27.0
27.5
26.40
China
21.0
21.5
22.0
Pakistan
8.0
8.0
7.0

 


 

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