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US Data: US Wheat, Corn, Soybeans Supply And Use>

Data for: August 2017
Source: U.S. Department of Agriculture
                                                  Jul Est      Aug Est    
Wheat                                2016/17      2017/18      2017/18
Area Planted (mln acres)                50.2         45.7         45.7            
Area Harvested (mln acres)              43.9         38.1         38.1            
Yield per Harvested Acre (bushels)      52.6         46.2         45.6                                                                   
Beginning Stocks (mln bushels)           976         1184         1184                                                 
Production                              2310         1760         1739                                                 
Imports                                  118          140          150               
 Supply Total                           3403         3084         3074                                            
Food                                     949          955          950            
Seed                                      61           66           66               
Feed and Residual                        154          150          150            
 Domestic Total                         1164         1171         1166                                           
Exports                                 1055          975          975            
 Use, Total                             2219         2146         2141                                            
Ending Stocks                           1184          938          933          
Average Farm Price ($/bushel)           3.89    4.40-5.20    4.40-5.20                                                           
--                                                                    
                                                  Jul Est      Aug Est    
Corn                                 2016/17      2017/18      2017/18
Area Planted (mln acres)                94.0         90.9         90.9       
Area Harvested (mln acres)              86.7         83.5         83.5       
Yield per Harvested Acre (bushel)      174.6        170.7        169.5                                                 
Beginning Stocks (mln bushels)          1737         2370         2370                                                                        
Production                             15148        14255        14153                                 
Imports                                   55           50           50           
 Supply Total                          16940        16675        16573 
Food and Residual                       5425         5475         5450  
Food, Seed, and Industrial              6920         7000         7000
 Ethanol, by-products                   5450         5500         5500
 Domestic Total                        12345        12475        12450
Exports                                 2225         1875         1850
 Use, Total                            14570        14350        14300
Ending Stocks                           2370         2325         2273
Average Farm Price ($/bushel)      3.30-3.40    2.90-3.70    2.90-3.70
--                                                                    
                                                  Jul Est      Aug Est    
Soybeans                             2016/17      2017/18      2017/18
Area Planted (mln acres)                83.4         89.5         89.5       
Area Harvested (mln acres)              82.7         88.7         88.7       
Yield per Harvested Acre (bushels)      52.1         48.0         49.4                                
Beginning Stocks (mln bushels)           197          410          370                                                                              
Production                              4307         4260         4381                                         
Imports                                   25           25           25             
 Supply Total                           4528         4695         4777    
Crushings                               1890         1950         1940      
Exports                                 2150         2150         2225    
Seed                                     104          101          101             
Residual                                  14           34           35             
 Use, Total                             4158         4235         4301    
Ending Stocks                            370          460          475          
Average Farm Price ($/bushel)           9.50   8.40-10.40   8.45-10.15
     ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MTABLE$,M$U$$$,MAUDA$,MAUDT$]                   

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