October 13, 2008
USDA releases summary estimates for October crop production supply/demand
The following table is the US Department of Agriculture's October supply and demand and crop production reports which were released Friday (October 11).
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 Crop Production | |||||
|
　 |
Friday's 2008-09 |
Average |
Range |
Sep-07 |
USDA Production |
|
Corn |
12.2 |
12.076 |
11.841-12.250 |
12.072 |
13.074 |
|
Soy |
2.983 |
2.92 |
2.847-3.001 |
2.934 |
2.585 |
|
Cotton |
13.711 |
13.69 |
13.40-13.85 |
13.846 |
19.21 |
|
USDA Crop Yields |
　 |
　 |
　 |
　 |
　 |
|
Corn |
154 |
152.3 |
149.3-155.0 |
152.3 |
151.1 |
|
Soy |
39.5 |
39.9 |
38.9-40.9 |
40 |
41.2 |
|
USDA US Grain, Cotton Carryout | |||
|
　 |
Friday 2008-09 estimate |
2008-09 analyst estimate |
September 2008-09 estimate |
|
Soy |
0.22 |
0.188 |
0.135 |
|
Corn |
1.154 |
1.138 |
1.018 |
|
Wheat |
0.601 |
0.552 |
0.574 |
|
Soyoil |
2.04 |
n/a |
2.335 |
|
Soymeal |
300,000 |
n/a |
300,000 |
|
Cotton |
6.2 |
n/a |
4.9 |
|
Rice |
25.1 |
n/a |
25.9 |
|
USDA World Carryover | ||
|
　 |
Friday 2008-09 estimate |
September 2008-09 estimate |
|
Wheat |
144.4 |
139.9 |
|
Corn |
107.8 |
109.9 |
|
Rice |
80.54 |
80.36 |
|
Cotton |
55.45 |
52.32 |
|
Soy |
55.24 |
51.23 |
|
Soymeal |
6.3 |
6.26 |
|
Soyoil |
2.48 |
2.62 |
|
USDA World Grain Production | ||
|
　 |
Friday 2008-09 estimate |
September 2008-09 estimate |
|
China corn |
156 |
156 |
|
South Africa corn |
11.5 |
11.5 |
|
Argentina corn |
19 |
19 |
|
Australia wheat |
21.5 |
22 |
|
Argentina wheat |
12 |
12.5 |
|
EU 27 wheat |
147.17 |
147.19 |
|
Canada wheat |
27.3 |
25.4 |
|
China wheat |
114 |
114 |
|
Brazil soy |
62.5 |
62.5 |
|
Argentina soy |
50.5 |
50.5 |
|
China soy |
16.5 |
16.5 |
