USDA January 2018 Report Snapshots

Posted on 01/12/2018 11:03 AM

Following is a snapshot of key data from this morning's USDA Annual Crop Production Summary, Supply & Demand Report, Winter Wheat Seedings Report and Quarterly Grain Stocks Report:

 

2017 Crop

Corn

Soybeans

 

 

Production

 

USDA Jan.

14.604

4.392

Average

14.579

4.427

Range

14.40-14.75

4.385-4.472

USDA Dec.

14.578

4.425

 

 

Yield

 

USDA Jan.

176.6

49.1

Average

175.4

49.5

Range

173.7-177.0

49.0-50.0

USDA Dec.

175.4

49.5

 

 

Harvested acres

 

USDA Jan.

82.7

89.5

Average

83.103

89.501

Range

83.000-83.222

89.250-89.899

USDA Dec.

83.119

89.471


 

2017-18 U.S. Carryover

Corn – billion bushels

USDA Jan.

2.477

Average

2.431

Range

2.263-2.550

USDA Dec.

2.437

 

Soybeans – million bushels

USDA Jan.

470

Average

472

Range

425-543

USDA Dec.

445

 

Wheat – million bushels

USDA Jan.

989

Average

959

Range

855-986

USDA Dec.

960

 

Cotton – million bales

USDA Jan.

5.70

Average

5.51

Range

4.91-6.06

USDA Dec.

5.80


 

2018-crop Winter Wheat Seedings

In million acres

All winter wheat

USDA Jan.

32.608

Average

31.307

Range

30.1-32.0

2017

32.696

 

HRW

USDA Jan.

23.1

Average

22.327

Range

21.1-23.1

2017

23.426

 

SRW

USDA Jan.

5.98

Average

5.555

Range

5.180-5.900

2017

5.733

 

White

USDA Jan.

3.56

Average

3.435

Range

3.120-3.600

2017

3.537


 


 

Dec. 1 Grain Stocks

 

In billion bushels

Corn

USDA Jan.

12.516

Average

12.431

Range

12.230-12.675

Sept. 1, 2017

2.295

Dec. 1, 2016

12.386

 

Soybeans

USDA Jan.

3.157

Average

3.181

Range

2.963-3.305

Sept. 1, 2017

0.301

Dec. 1, 2016

2.898

 

Wheat

USDA Jan.

1.874

Average

1.849

Range

1.795-1.906

Sept. 1, 2017

2.253

Dec. 1, 2016

2.077


 

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