USDA May 2016 Report Snapshot

Posted on 03/09/2017 10:23 AM

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

 

2015-16

2016-17

Commodity

USDA

Avg.

Range

USDA
April

USDA

Avg.

Range

in billion bushels

Corn

1.803

1.841

1.762-1.890

1.862

2.153

2.294

1.95-2.555

Soybeans

0.400

0.426

0.395-0.445

0.445

0.305

0.405

0.290-0.500

Wheat

0.978

0.981

0.961-1.001

0.976

1.029

0.997

0.820-1.140

Cotton (mil. bales)

4.00

NA

NA

3.5

4.70

4.04

3.60-4.92

 

2016 Wheat Production

USDA

Avg.

Range

2015

in billion bushels

All wheat

1.998

1.981

1.825-2.219

2.052

All winter

1.427

1.384

1.220-1.572

1.370

HRW

0.863

0.818

0.678-0.978

0.827

SRW

0.357

0.364

0.340-0.399

0.359

White winter

0.208

0.200

0.180-0.223

0.184

 

Global Carryover
2016-17
May
2015-16
May
2015-16
April
Million Metric Tons
Corn
207.04

207.87

208.91

Wheat
257.34
242.91
239.26
Soybeans
68.21
74.25
79.02
Meal
10.91
12.67
12.63
Soyoil
3.67
3.89
3.74
Cotton (mil. bales)
96.48
102.84
102.22

 

Global crop in MMT
2016-17
May
2015-16
May
2015-16
April
Wheat
U.S.
54.37
55.84
55.84
Australia
25.0
24.5
24.5
Canada
28.5
27.6
27.6
EU
156.5
160.01
160.00
China
130.0
130.19
130.19
FSU-12
115.83
117.60
117.60
Corn
U.S.
366.54
345.49
345.49
Argentina
34.0
27.0
28.0
Brazil
82.0
81.0
84.0
EU
64.28
57.98
57.47
Mexico
23.50
24.0
24.0
China
218.0
224.58
224.58
FSU-12
44.16
40.15
40.15
Soybeans
U.S.
103.42
106.93
106.93
Argentina
57.0
56.5
59.0
Brazil
103.0
99.0
100.0
China
12.2
11.8
11.8
Cotton (mil. bales)
U.S.
14.80
12.89
12.87
Brazil
6.4
6.5
6.6
India
28.0
26.8
26.8
China
22.5
23.8
23.8
Pakistan
9.0
7.0
7.0

 


 

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