USDA Report Snapshot - Soybean Plantings Below Expectations at 88.325 million ac.
The following are summaries of key numbers in USDA’s Acreage and quarterly Grain Stocks reports today:
|
Acreage Report |
|
|
Corn – million acres |
|
|
USDA |
89.921 |
|
Average est. |
89.861 |
|
USDA March forecast |
89.490 |
|
USDA final 2021 |
93.357 |
|
|
|
|
Soybeans – million acres |
|
|
USDA |
88.325 |
|
Average est. |
90.446 |
|
USDA March forecast |
90.955 |
|
USDA final 2021 |
87.195 |
|
|
|
|
All wheat – million acres |
|
|
USDA |
47.092 |
|
Average est. |
47.017 |
|
USDA March forecast |
47.351 |
|
USDA final 2021 |
46.703 |
|
|
|
|
Winter wheat – million acres |
|
|
USDA |
34.006 |
|
Average est. |
34.303 |
|
USDA March forecast |
34.326 |
|
USDA final 2021 |
33.648 |
|
|
|
|
Other spring wheat – million acres |
|
|
USDA |
11.110 |
|
Average est. |
10.844 |
|
USDA March forecast |
11.200 |
|
USDA final 2021 |
11.420 |
|
|
|
|
Durum wheat – million acres |
|
|
USDA |
1.976 |
|
Average est. |
1.839 |
|
USDA March forecast |
1.915 |
|
USDA final 2021 |
1.635 |
|
|
|
|
Cotton – million acres |
|
|
USDA |
12.8478 |
|
USDA March forecast |
12.234 |
|
USDA final 2021 |
11.216 |
|
|
|
|
Quarterly Grain Stocks Report |
|
|
Corn – billion bu. |
|
|
USDA June 1, 2022 |
4.346 |
|
Average est. |
4.343 |
|
USDA June 1, 2021 |
4.111 |
|
USDA March 1, 2022 |
7.850 |
|
Soybeans – billion bu. |
|
|
USDA June 1, 2022 |
971 |
|
Average est. |
965 |
|
USDA June 1, 2021 |
769 |
|
USDA March 1, 2022 |
1.931 |
|
Wheat – billion bu. |
|
|
USDA June 1, 2022 |
660 |
|
Average est. |
655 |
|
USDA June 1, 2021 |
845 |
|
USDA March 1, 2022 |
1.025 |
