USDA September 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:

 

Yield

Production

Commodity

USDA

Avg.

Range

USDA August

USDA

Avg.

Range

USDA August

bu. per acre (cotton lbs. per acre)

in billion bu. (cotton in million bales)

Corn

174.4

173.4

171.0-175.6

175.1

15.093

15.027

14.757-15.30

15.153

Soybeans

50.6

49.2

48.1-50.1

48.9

4.201

4.089

4.019-4.162

4.060

Cotton

802

NA

NA

800

16.14

16.02

15.5-16.35

15.88

 

 

2015-16

2016-17

U.S. Carryover

USDA

Avg.

Range

USDA
August

USDA

Avg.

Range

USDA
August

in billion bushels (cotton million bales)

Corn

1.716

1.711

1.680-1.775

1.706

2.384

2.329

2.055-2.690

2.409

Soybeans

0.195

0.232

0.200-0.275

0.255

0.365

0.330

0.245-0.440

0.330

Wheat

0.

--

--

--

1.100

1.103

1.0-1.20

1.100

Cotton

3.80

NA

NA

3.90

4.90

4.42

3.70-4.85

4.70

 

Global Carryover
2016-17
September
2016-17
August
2015-16
September
Million Metric Tons
Corn
219.46
220.81

209.25

Wheat
249.07
252.82
240.89
Soybeans
72.17
71.24
72.90
Meal
11.08
10.60
12.10
Soyoil
3.66
3.71
3.69
Cotton (mil. bales)
89.81
89.61
98.55

 

Global crop in MMT
2016-17
August
2016-17
July
2015-16
August
Wheat
U.S.
63.16
63.16
55.84
Australia
27.5
26.5
24.5
Canada
30.50
30.0
27.59
EU
147.27
147.5
160.01
China
128.0
130.0
130.19
FSU-12
131.43
129.93
117.72
Corn
U.S.
383.38
384.92
345.49
Argentina
36.5
36.5
28.0
Brazil
82.5
80.0
67.0
EU
61.15
62.10
59.08
Mexico
24.25
24.25
25.80
China
216.0
218.0
224.58
FSU-12
44.06
44.16
40.42
Soybeans
U.S.
114.33
105.60
106.93
Argentina
57.0
57.0
56.8
Brazil
101.0
103.0
96.5
China
12.5
12.2
11.6
Cotton (mil. bales)
U.S.
16.14
15.80
12.89
Brazil
6.65
6.4
5.90
India
26.50
27.5
26.40
China
21.0
21.5
22.0
Pakistan
8.25
8.0
7.0


Pre-report expectations compiled by Reuters.


 

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