USDA January 2016 Report Snapshots

Posted on 03/09/2017 10:25 AM

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 2015
Crop Production

USDA

Avg.

Range

USDA latest

2014

Corn

Production (bil. bu.)

13.601

13.646

13.525-13.770

13.654

14.216

Yield (bu. per acre)

168.4

169.2

167.7-170.0

169.3

171.0

Harvested acres (million)

80.749

80.634

80.270-81.000

80.664

83.136

Soybeans

Production (bil. bu.)

3.930

3.981

3.926-4.043

3.981

3.927

Yield (bu. per acre)

48.0

48.3

47.5-49.0

48.3

47.5

Harvested acres (million)

81.849

82.404

82.000-82.709

82.429

82.591

 

2015-16 carryover

USDA

Avg.

Range

USDA Dec.

2014-15

in billion bushels

Corn

1.802

1.785

1.642-1.860

1.785

1.731

Soybeans

0.440

0.468

0.430-0.492

0.465

0.191

Wheat

0.941

0.919

0.891-0.941

0.911

0.752

Cotton (mil. bales)

3.1

3.08

2.9-3.3

3.0

3.70

 

2016-crop Winter Wheat Seedings

USDA

Avg.

Range

2015

in million acres

All winter

36.609

39.320

38.250-40.796

39.461

HRW

26.5

28.810

27.576-29.592

28.978

SRW

6.72

7.144

6.400-8.539

7.087

White

3.43

3.366

3.250-3.500

3.396

 

Dec. 1
Grain Stocks

USDA

Avg.
Range
Sept. 1, 2015
Dec. 1, 2014
in billion bushels

Corn

11.212
11.237
11.073-11.440
1.731
11.211

Soybeans

2.715

2.720
2.590-2.850
0.191
2.528

Wheat

1.738

1.698
1.670-1.732
2.089
1.530

 

Global Carryover
2015-16
January
2015-16
December
2014-15
January
Million Metric Tons
Corn

208.94

211.85

207.23
Wheat
232.04
229.86
212.79
Soybeans
79.28
82.58
76.93
Meal
11.48
11.26
12.19
Soyoil
3.63
3.60
3.60
Cotton (mil. bales)
102.86
104.39
112.07

 

Global crop in MMT
2015-16
January
2015-16
December
2014-15
January
Wheat
U.S.
55.84
55.84
55.15
Australia
26.0
26.0
23.67
Canada
27.6
27.6
29.42
EU
157.98
157.66
156.53
China
130.19
130.0
126.21
FSU-12
117.53
117.03
112.73
Corn
U.S.
345.49
346.82
361.09
Argentina
25.6
25.6
26.5
Brazil
81.5
81.5
85.0
EU
57.75
57.75
75.79
Mexico
23.5
23.5
25.48
China
224.58
225.0
215.65
FSU-12
39.91
39.91
43.73
Soybeans
U.S.
106.95
108.35
106.88
Argentina
57.0
57.0
61.4
Brazil
100.0
100.0
96.2
China
12.0
11.5
12.15
Cotton (mil. bales)
U.S.
12.94
13.03
16.32
Brazil
6.5
6.5
7.0
India
28.0
28.5
29.50
China
23.8
24.3
30.0
Pakistan
7.2
8.0
10.60

 


 

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