July WASDE snapshot
U.S. Winter Wheat Production |
|
All wheat – billion bu. |
|
USDA |
1.781 |
Average est. |
1.745 |
USDA June proj. |
1.737 |
USDA 2021 |
1.646 |
|
|
Winter wheat – billion bu. |
|
USDA |
1.201 |
Average est. |
1.186 |
USDA June |
1.182 |
USDA 2021 |
1.277 |
|
|
HRW wheat – million bu. |
|
USDA |
585 |
Average est. |
583 |
USDA June |
582 |
USDA 2021 |
749 |
|
|
SRW wheat – million bu. |
|
USDA |
376 |
Average est. |
362 |
USDA June |
358 |
USDA 2021 |
361 |
|
|
White winter wheat – million bu. |
|
USDA |
240 |
Average est. |
241 |
USDA June |
242 |
USDA 2021 |
167 |
|
|
Other spring wheat – million bu. |
|
USDA |
503 |
Average est. |
458 |
USDA June |
NA |
USDA 2021 |
331 |
|
|
Durum wheat – million bu. |
|
USDA |
77 |
Average est. |
63 |
USDA June |
NA |
USDA 2021 |
37 |
U.S. Carryover |
||
Corn – billion bushels |
||
2021-22 |
2022-23 |
|
USDA |
1.510 |
1.470 |
Average est. |
1.488 |
1.442 |
USDA June |
1.485 |
1.400 |
Soybeans – million bushels |
||
2021-22 |
2022-23 |
|
USDA |
215 |
230 |
Average est. |
208 |
211 |
USDA June |
205 |
280 |
Wheat – million bushels |
||
2021-22 |
2022-23 |
|
USDA |
660 |
639 |
Average est. |
660 |
638 |
USDA June |
655 |
627 |
Cotton – million bales |
||
2021-22 |
2022-23 |
|
USDA |
3.40 |
2.40 |
Average est. |
NA |
2.87 |
USDA June |
3.40 |
2.90 |
Global Carryover |
||
Corn – MMT |
||
|
2021-22 |
2022-23 |
USDA |
312.28 |
312.94 |
Average est. |
311.32 |
310.49 |
USDA June |
309.39 |
305.13 |
Soybeans – MMT |
||
|
2021-22 |
2022-23 |
USDA |
88.73 |
99.61 |
Average est. |
86.43 |
99.37 |
USDA June |
85.24 |
99.60 |
Wheat – MMT |
||
|
2021-22 |
2022-23 |
USDA |
280.1 |
267.52 |
Average est. |
279.27 |
266.26 |
USDA June |
279.72 |
267.02 |
Cotton – million bales |
||
|
2021-22 |
2022-23 |
USDA |
84.04 |
84.26 |
Average est. |
NA |
82.45 |
USDA June |
82.95 |
82.77 |
Global Production Highlights |
||
Corn – MMT |
||
|
2021-22 |
2022-23 July (June) |
Argentina |
53.00 (53.00) |
55.00 (55.00) |
Brazil |
116.00 (116.00) |
126.00 (126.00) |
South Africa |
16.30 (16.30) |
17.30 (17.30) |
Ukraine |
42.13 (42.13) |
25.00 (25.00) |
China |
272.55 (272.55) |
271.00 (271.00) |
Soybeans – MMT |
||
|
2021-22 |
2022-23 July (June) |
Argentina |
44.00 (43.40) |
51.00 (51.00) |
Brazil |
126.00 (126.00) |
149.00 (149.00) |
Paraguay |
4.20 (4.20) |
10.00 (10.00) |
Wheat – MMT |
||
|
2021-22 |
2022-23 July (June) |
Argentina |
22.15 (22.15) |
19.50 (20.00) |
Australia |
36.30 (36.30) |
30.00 (30.00) |
Canada |
21.65 (21.65) |
34.00 (33.00) |
EU |
138.42 (138.42) |
134.10 (136.10) |
Russia |
75.16 (75.16) |
81.50 (81.00) |
Ukraine |
33.01 (33.01) |
19.50 (21.50) |