Report Snapshot: USDA shows lighter-than-expected corn acres and stocks
|
Prospective Plantings Report |
|
|
Corn – million acres |
|
|
USDA |
90.036 |
|
Average est. |
91.776 |
|
Pro Farmer/Doane survey |
91.750 |
|
USDA final 2023 |
94.641 |
|
|
|
|
Soybeans – million acres |
|
|
USDA |
86.510 |
|
Average est. |
86.530 |
|
Pro Farmer/Doane survey |
86.750 |
|
USDA final 2023 |
83.600 |
|
|
|
|
All wheat – million acres |
|
|
USDA |
47.498 |
|
Average est. |
47.330 |
|
Pro Farmer/Doane survey |
47.100 |
|
USDA final 2023 |
49.575 |
|
|
|
|
Winter wheat – million acres |
|
|
USDA |
34.135 |
|
Average est. |
34.870 |
|
Pro Farmer/Doane survey |
34.425 |
|
USDA final 2023 |
39.699 |
|
|
|
|
Other spring wheat – million acres |
|
|
USDA |
11.335 |
|
Average est. |
10.891 |
|
Pro Farmer/Doane survey |
10.900 |
|
USDA final 2023 |
11.200 |
|
|
|
|
Durum wheat – million acres |
|
|
USDA |
2.028 |
|
Average est. |
1.652 |
|
Pro Farmer/Doane survey |
1.775 |
|
USDA final 2023 |
1.676 |
|
|
|
|
Cotton – million acres |
|
|
USDA |
10.673 |
|
Average est. |
10.906 |
|
Pro Farmer/Doane survey |
10.500 |
|
USDA final 2023 |
10.230 |
|
|
|
|
Quarterly Grain Stocks Report |
|
|
Corn – billion bu. |
|
|
USDA March 1, 2024 |
8.347 |
|
Average est. |
8.427 |
|
USDA March 1, 2023 |
7.396 |
|
USDA Dec. 1, 2023 |
12.169 |
|
Soybeans – billion bu. |
|
|
USDA March 1, 2024 |
1.845 |
|
Average est. |
1.829 |
|
USDA March 1, 2023 |
1.687 |
|
USDA Dec. 1, 2023 |
3.000 |
|
Wheat – billion bu. |
|
|
USDA March 1, 2024 |
1.087 |
|
Average est. |
1.044 |
|
USDA March 1, 2023 |
0.941 |
|
USDA Dec. 1, 2023 |
1.410 |
