USDA Report Snapshot | August 12, 2022
The following are highlights from USDA's Crop Production and Supply and Demand reports today:
|
2022 U.S. Corn, Soybean and Cotton Production |
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|
Corn |
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|
Production |
Yield |
Harvested acres (mil.) |
|
|
USDA |
14.359 |
175.4 |
81.840 |
|
Average est. |
14.392 |
175.9 |
81.837 |
|
USDA July proj. |
14.505 |
177.0 |
81.940 |
|
Soybeans |
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|
|
Production |
Yield |
Harvested acres (mil.) |
|
USDA |
4.531 |
51.9 |
87.211 |
|
Average est. |
4.481 |
51.1 |
87.724 |
|
USDA July proj. |
4.505 |
51.5 |
87.511 |
|
Cotton |
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|
Production |
Yield |
Harvested acres (mil.) |
|
|
USDA |
12.570 |
846 |
7.13 |
|
Average est. |
14.75 |
NA |
NA |
|
USDA July proj. |
15.50 |
870 |
8.55 |
|
U.S. Wheat Production |
|
|
All wheat – billion bu. |
|
|
USDA |
1.783 |
|
Average est. |
1.791 |
|
USDA July |
1.781 |
|
USDA 2021 |
1.646 |
|
|
|
|
Winter wheat – billion bu. |
|
|
USDA |
1.198 |
|
Average est. |
1.203 |
|
USDA July |
1.201 |
|
USDA 2021 |
1.277 |
|
|
|
|
HRW wheat – million bu. |
|
|
USDA |
576 |
|
Average est. |
585 |
|
USDA July |
585 |
|
USDA 2021 |
749 |
|
|
|
|
SRW wheat – million bu. |
|
|
USDA |
381 |
|
Average est. |
376 |
|
USDA July |
376 |
|
USDA 2021 |
361 |
|
|
|
|
White winter wheat – million bu. |
|
|
USDA |
240 |
|
Average est. |
242 |
|
USDA July |
240 |
|
USDA 2021 |
167 |
|
|
|
|
Other spring wheat – million bu. |
|
|
USDA |
511 |
|
Average est. |
510 |
|
USDA July |
503 |
|
USDA 2021 |
331 |
|
|
|
|
Durum wheat – million bu. |
|
|
USDA |
74 |
|
Average est. |
77 |
|
USDA July |
77 |
|
USDA 2021 |
37 |
|
U.S. Carryover |
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|
Corn – billion bushels |
||
|
2021-22 |
2022-23 |
|
|
USDA |
1.530 |
1.388 |
|
Average est. |
1.512 |
1.402 |
|
USDA July |
1.510 |
1.470 |
|
Soybeans – million bushels |
||
|
2021-22 |
2022-23 |
|
|
USDA |
225 |
245 |
|
Average est. |
226 |
230 |
|
USDA July |
215 |
230 |
|
Wheat – million bushels |
||
|
2021-22 |
2022-23 |
|
|
USDA |
660 |
610 |
|
Average est. |
NA |
650 |
|
USDA July |
660 |
639 |
|
Cotton – million bales |
||
|
2021-22 |
2022-23 |
|
|
USDA |
3.50 |
1.80 |
|
Average est. |
NA |
2.17 |
|
USDA July |
3.40 |
2.40 |
|
Global Carryover |
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|
Corn – MMT |
||
|
|
2021-22 |
2022-23 |
|
USDA |
311.84 |
306.68 |
|
Average est. |
312.40 |
310.49 |
|
USDA July |
312.28 |
312.94 |
|
Soybeans – MMT |
||
|
|
2021-22 |
2022-23 |
|
USDA |
??? |
??? |
|
Average est. |
88.95 |
99.47 |
|
USDA July |
88.73 |
99.61 |
|
Wheat – MMT |
||
|
|
2021-22 |
2022-23 |
|
USDA |
276.35 |
267.34 |
|
Average est. |
279.98 |
268.00 |
|
USDA July |
280.10 |
267.52 |
|
Cotton – million bales |
||
|
|
2021-22 |
2022-23 |
|
USDA |
84.72 |
82.77 |
|
Average est. |
NA |
83.68 |
|
USDA July |
84.04 |
84.26 |
