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December 12, 2008

                 
USDA releases December supply/demand grain report
         

 

The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the US Department of Agriculture's December supply and demand report. The report was released Thursday (December 11) 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.
                                                   

 

Thursday 2008-09 estimate

2008-09 Analyst estimate

November 2008-09 USDA

Soy

0.205

0.2

0.205

Corn

1.474

1.232

1.124

Wheat

0.623

0.596

0.603

Soyoil

2.033

n/a

2.016

Soymeal

300,000

n/a

300,000

Cotton

7.1

6.73

6.2

Rice

23.4

n/a

25.4

           
USDA World Carryover
           

 

Thursday 2008-09 estimate

November 2008-09 estimate

Wheat

147.40

145.30

Corn

123.80

110.10

Rice

80.85

80.61

Cotton

58.77

57.40

Soy

54.19

54.06

Soymeal

5.88

6.42


   USDA World Grain Production
 

 

Thursday 2008-09 estimate

November 2008-09 estimate

China corn

160.00

156.00

South Africa corn

10.50

11.50

Argentina corn

18.00

18.00

Australia wheat

20.00

20.00

Argentina wheat

10.50

11.00

EU 27 wheat

150.90

150.60

Canada wheat

28.61

27.30

China wheat

113.00

113.00

Russia wheat

63.00

63.00

Ukraine wheat

25.50

25.50

Brazil soy

59.00

60.00

Argentina soy

50.50

50.50

China soy

16.80

16.80

                      

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