USDA June 2016 Report Snapshot

Posted on 03/09/2017 10:22 AM

Following is a snapshot of key data from this morning's USDA Crop Production and Supply & Demand Reports:

 

2015-16

2016-17

Commodity

USDA

Avg.

Range

USDA
May

USDA

Avg.

Range

USDA
May

in billion bushels

Corn

1.708

1.772

1.728-1.820

1.803

2.008

2.125

1.973-2.441

2.153

Soybeans

0.370

0.385

0.355-0.400

0.400

0.260

0.289

0.215-0.350

0.305

Wheat

0.980

0.981

0.953-1.000

0.978

1.050

1.045

1.007-1.100

1.029

Cotton (mil. bales)

4.10

NA

NA

4.0

4.80

NA

NA

4.70

 

2016 Wheat Production

USDA

Avg.

Range

USDA
May

2015

in billion bushels

All wheat

2.077

2.014

1.898-2.128

1.998

2.052

All winter

1.507

1.451

1.403-1.545

1.427

1.370

HRW

0.938

0.883

0.862-0.980

0.863

0.827

SRW

0.355

0.355

0.332-0.367

0.357

0.359

White winter

0.214

0.211

0.205-0.220

0.208

0.184

 

Global Carryover
2016-17
June
2016-17
May
2015-16
June
Million Metric Tons
Corn
205.12
207.04

206.45

Wheat
257.84
257.34
243.01
Soybeans
66.31
68.21
72.29
Meal
10.47
10.91
11.95
Soyoil
3.72
3.67
3.94
Cotton (mil. bales)
94.73
96.48
102.08

 

Global crop in MMT
2016-17
June
2016-17
May
2015-16
June
Wheat
U.S.
56.53
54.37
55.84
Australia
25.0
25.0
24.5
Canada
28.5
28.5
27.6
EU
157.5
156.5
160.01
China
130.0
130.0
130.19
FSU-12
116.83
115.83
117.60
Corn
U.S.
366.54
366.54
345.49
Argentina
34.0
34.0
27.0
Brazil
82.0
82.0
77.5
EU
64.28
64.28
57.98
Mexico
24.20
23.50
25.0
China
218.0
218.0
224.58
FSU-12
44.16
44.16
40.15
Soybeans
U.S.
103.42
103.42
106.93
Argentina
57.0
57.0
56.5
Brazil
103.0
103.0
97.0
China
12.2
12.2
11.6
Cotton (mil. bales)
U.S.
14.80
14.80
12.89
Brazil
6.4
6.4
6.5
India
28.0
28.0
26.8
China
21.5
22.5
22.5
Pakistan
9.0
9.0
7.0

 


 

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