February 11, 2009
USDA issues grains summary for February US, world supply demand
The following table is issued by the US Department of Agriculture's s February supply and demand reports, released Tuesday (February 10) morning.
US estimates are in billions of bushels except soyoil, which is in billions of pounds. Soymeal is in short tonnes. Cotton is in millions of 480-pound bales. Rice is in million hundredweight. World crop forecasts are in millions of tonnes.
USDA US Grain, Cotton Carryout
|
　 |
Tuesday 2008-09 estimate |
2008-09 Analyst estimate |
January 2008-09 USDA |
|
Soy |
0.21 |
0.203 |
0.225 |
|
Corn |
1.79 |
1.838 |
1.79 |
|
Wheat |
0.655 |
0.649 |
0.655 |
|
Soyoil |
2.243 |
n/a |
2.143 |
|
Soymeal |
300,000 |
n/a |
300,000 |
|
Cotton |
7.7 |
7.76 |
6.9 |
|
Rice |
26.2 |
n/a |
23.2 |
USDA World Carryover
|
　 |
Tuesday 2008-09 estimate |
January 2008-09 estimate |
|
Wheat |
149.96 |
148.40 |
|
Corn |
136.70 |
136.00 |
|
Rice |
84.60 |
82.66 |
|
Cotton |
61.71 |
59.40 |
|
Soy |
49.87 |
53.94 |
|
Soymeal |
5.25 |
5.65 |
|
Soyoil |
2.41 |
2.55 |
USDA World Grain Production
|
　 |
Tuesday 2008-09 estimate |
January 2008-09 estimate |
|
China corn |
165.50 |
165.50 |
|
South Africa corn |
10.50 |
10.50 |
|
Argentina corn |
13.50 |
16.50 |
|
Australia wheat |
20.15 |
20.00 |
|
Argentina wheat |
8.40 |
9.50 |
|
EU 27 wheat |
150.27 |
150.51 |
|
Canada wheat |
28.61 |
28.61 |
|
China wheat |
113.00 |
113.00 |
|
Russia wheat |
63.70 |
63.00 |
|
Ukraine wheat |
25.90 |
25.50 |
|
Brazil soy |
57.00 |
59.00 |
|
Argentina soy |
43.80 |
49.50 |
|
China soy |
16.80 |
16.80 |
