Report snapshot: lower corn, soybean stocks lend bullish bump
|
Prospective Plantings Report |
|
|
Corn – million acres |
|
|
USDA |
91.996 |
|
Average est. |
90.880 |
|
Pro Farmer/Doane survey |
92.050 |
|
USDA final 2022 |
88.579 |
|
|
|
|
Soybeans – million acres |
|
|
USDA |
87.505 |
|
Average est. |
88.242 |
|
Pro Farmer/Doane survey |
87.350 |
|
USDA final 2022 |
87.450 |
|
|
|
|
All wheat – million acres |
|
|
USDA |
49.885 |
|
Average est. |
48.852 |
|
Pro Farmer/Doane survey |
49.600 |
|
USDA final 2022 |
45.738 |
|
|
|
|
Winter wheat – million acres |
|
|
USDA |
37.505 |
|
Average est. |
36.256 |
|
Pro Farmer/Doane survey |
36.950 |
|
USDA final 2022 |
33.271 |
|
|
|
|
Other spring wheat – million acres |
|
|
USDA |
10.570 |
|
Average est. |
10.950 |
|
Pro Farmer/Doane survey |
10.998 |
|
USDA final 2022 |
10.835 |
|
|
|
|
Durum wheat – million acres |
|
|
USDA |
1.780 |
|
Average est. |
1.666 |
|
Pro Farmer/Doane survey |
1.652 |
|
USDA final 2022 |
1.632 |
|
|
|
|
Cotton – million acres |
|
|
USDA |
11.300 |
|
Average est. |
11.212 |
|
Pro Farmer/Doane survey |
11.200 |
|
USDA final 2021 |
13.763 |
|
|
|
|
Quarterly Grain Stocks Report |
|
|
Corn – billion bu. |
|
|
USDA March 1, 2023 |
7.401 |
|
Average est. |
7.470 |
|
USDA Dec. 1, 2022 |
10.809 |
|
USDA March 1, 2022 |
7.758 |
|
Soybeans – billion bu. |
|
|
USDA March 1, 2023 |
1.685 |
|
Average est. |
1.742 |
|
USDA Dec. 1, 2022 |
3.022 |
|
USDA March 1, 2022 |
1.932 |
|
Wheat – billion bu. |
|
|
USDA March 1, 2023 |
0.946 |
|
Average est. |
0.934 |
|
USDA Dec. 1, 2022 |
1.280 |
|
USDA March 1, 2022 |
1.029 |
