USDA February 2017 Report Snapshots

Posted on 03/09/2017 10:18 AM

Following is a snapshot of key data from this morning's USDA Supply & Demand Report:

2016-17 carryover

USDA

Avg.

Range

USDA Jan.

2015-16

in billion bushels

Corn

2.320

2.335

2.280-2.415

2.355

1.737

Soybeans

0.420

0.410

0.386-0.448

0.420

0.197

Wheat

1.139

1.180

1.145-1.211

1.186

0.976

Cotton (mil. bales)

4.80

4.81

4.70-5.0

5.0

3.80

 

Global Carryover
2016-17
February
2016-17
January
2015-16
February
Million Metric Tons
Corn
217.56
220.98

210.39

Wheat
248.61
253.29
240.77
Soybeans
80.38
82.32
77.19
Meal
10.77
10.41
11.52
Soyoil
3.68
3.54
3.87
Cotton (mil. bales)
89.90
90.65
96.83

 

Global crop in MMT
2016-17
February
2016-17
January
2015-16
February
Wheat
U.S.
62.86
62.86
56.12
Australia
33.00
33.00
24.5
Canada
31.70
31.70
27.59
EU
143.86
144.32
160.0
China
128.85
128.85
130.19
FSU-12
130.22
131.93
118.24
Corn
U.S.
384.78
384.78
345.51
Argentina
36.5
36.5
29.0
Brazil
86.5
86.5
67.0
EU
60.31
60.68
58.41
Mexico
26.0
24.50
25.97
China
219.55
219.55
224.63
FSU-12
47.62
46.56
39.85
Soybeans
U.S.
117.21
117.21
106.86
Argentina
55.5
57.0
56.8
Brazil
104.0
104.0
96.5
China
12.9
12.9
11.79
Cotton (mil. bales)
U.S.
16.96
16.96
12.89
Brazil
6.50
6.50
5.90
India
27.00
27.00
26.40
China
22.5
22.0
22.0
Pakistan
7.7
7.90
7.0

 


 

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