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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
US Data: US Wheat, Corn, Soybeans Supply And Use>
Data for: September 2017
Source: U.S. Department of Agriculture
Aug Est Sep 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 45.6 45.6
Beginning Stocks (mln bushels) 976 1184 1184
Production 2310 1739 1739
Imports 118 150 150
Supply Total 3403 3074 3074
Food 949 950 950
Seed 61 66 66
Feed and Residual 154 150 150
Domestic Total 1164 1166 1166
Exports 1055 975 975
Use, Total 2219 2141 2141
Ending Stocks 1184 933 933
Average Farm Price ($/bushel) 3.89 4.40-5.20 4.30-4.90
--
Aug Est Sep Est
Corn 2016/17 2017/18 2017/18
Area Planted (mln acres) 94.0 90.9 90.9
Area Harvested (mln acres) 86.7 83.5 83.5
Yield per Harvested Acre (bushel) 174.6 169.5 169.9
Beginning Stocks (mln bushels) 1737 2370 2350
Production 15148 14153 14184
Imports 55 50 50
Supply Total 16940 16573 16585
Food and Residual 5425 5450 5475
Food, Seed, and Industrial 6870 7000 6925
Ethanol, by-products 5435 5500 5475
Domestic Total 12295 12450 12400
Exports 2295 1850 1850
Use, Total 14590 14300 14250
Ending Stocks 2350 2273 2335
Average Farm Price ($/bushel) 3.35 2.90-3.70 2.80-3.60
--
Aug Est Sep 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 49.4 49.9
Beginning Stocks (mln bushels) 197 370 345
Production 4307 4381 4431
Imports 25 25 25
Supply Total 4528 4777 4801
Crushings 1895 1940 1940
Exports 2170 2225 2250
Seed 104 101 101
Residual 14 35 35
Use, Total 4183 4301 4326
Ending Stocks 345 475 475
Average Farm Price ($/bushel) 9.50 8.45-10.15 8.35-10.05
--
2016 2017 2018
All Milk Prices ($ per cwt) 16.30 17.70-17.90 17.55-18.55
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MTABLE$,M$U$$$,MAUDA$,MAUDT$]
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