Report snapshot: USDA shaves corn exports by 75 mb
|
2022 Cotton Production |
|||
|
Production |
Yield |
Harvested acres (mil.) |
|
|
USDA |
14.24 |
868 |
7.88 |
|
Average est. |
13.960 |
NA |
NA |
|
USDA November |
14.031 |
855 |
7.876 |
|
Expectations for |
|
|
Corn – billion bushels |
|
|
2022-23 |
|
|
USDA |
1.257 |
|
Average est. |
1.237 |
|
USDA November |
1.182 |
|
USDA 2021-22 |
1.377 |
|
Soybeans – million bushels |
|
|
2022-23 |
|
|
USDA |
220 |
|
Average est. |
238 |
|
USDA November |
220 |
|
USDA 2021-22 |
274 |
|
|
|
|
Wheat – million bushels |
|
|
2022-23 |
|
|
USDA |
571 |
|
Average est. |
576 |
|
USDA November |
571 |
|
USDA 2021-22 |
600 |
|
|
|
|
Cotton – million bales |
|
|
2022-23 |
|
|
USDA |
3.5 |
|
Average est. |
3.12 |
|
USDA October |
3.0 |
|
USDA 2021-22 |
3.75 |
|
Global Carryover |
||
|
Corn – MMT |
||
|
|
2021-22 |
2022-23 |
|
USDA |
307.09 |
298.40 |
|
Average est. |
NA |
300.86 |
|
USDA November |
307.68 |
300.76 |
|
Soybeans – MMT |
||
|
|
2021-22 |
2022-23 |
|
USDA |
95.59 |
102.71 |
|
Average est. |
NA |
102.23 |
|
USDA November |
94.67 |
102.17 |
|
Wheat – MMT |
||
|
|
2021-22 |
2022-23 |
|
|
276.27 |
267.33 |
|
Average est. |
NA |
267.42 |
|
USDA November |
276.01 |
267.82 |
|
Cotton – million bales |
||
|
|
2021-22 |
2022-23 |
|
USDA |
85.44 |
89.56 |
|
Average est. |
NA |
87.49 |
|
USDA November |
85.64 |
87.27 |
