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Free AccessMNI Gilt Week Ahead
US Data: US Wheat, Corn, Soybeans Supply And Use>
Data for: November 2017
Source: U.S. Department of Agriculture
Oct Est Nov Est
Wheat 2016/17 2017/18 2017/18
Area Planted (mln acres) 50.1 46.0 46.0
Area Harvested (mln acres) 43.9 37.6 37.6
Yield per Harvested Acre (bushels) 52.7 46.3 46.3
Beginning Stocks (mln bushels) 976 1181 1181
Production 2309 1741 1741
Imports 118 150 150
Supply Total 3402 3071 3071
Food 949 950 950
Seed 61 66 66
Feed and Residual 156 120 120
Domestic Total 1167 1136 1136
Exports 1055 975 1000
Use, Total 2222 2111 2136
Ending Stocks 1181 960 935
Average Farm Price ($/bushel) 3.89 4.40-4.80 4.40-4.80
--
Oct Est Nov Est
Corn 2016/17 2017/18 2017/18
Area Planted (mln acres) 94.0 90.4 90.4
Area Harvested (mln acres) 86.7 83.1 83.1
Yield per Harvested Acre (bushel) 174.6 171.8 175.4
Beginning Stocks (mln bushels) 1737 2295 2295
Production 15148 14280 14578
Imports 57 50 50
Supply Total 16942 16625 16922
Food and Residual 5463 5500 5575
Food, Seed, and Industrial 6891 6935 6935
Ethanol, by-products 5439 5475 5475
Domestic Total 12354 12435 12510
Exports 2293 1850 1925
Use, Total 14647 14285 14435
Ending Stocks 2295 2340 2487
Average Farm Price ($/bushel) 3.36 2.80-3.60 2.80-3.60
--
Oct Est Nov Est
Soybeans 2016/17 2017/18 2017/18
Area Planted (mln acres) 83.4 90.2 90.2
Area Harvested (mln acres) 82.7 89.5 89.5
Yield per Harvested Acre (bushels) 52.0 49.5 49.5
Beginning Stocks (mln bushels) 197 301 301
Production 4296 4431 4425
Imports 22 25 25
Supply Total 4515 4757 4752
Crushings 1899 1940 1940
Exports 2174 2250 2250
Seed 105 101 101
Residual 36 35 35
Use, Total 4214 4326 4326
Ending Stocks 301 430 425
Average Farm Price ($/bushel) 9.47 8.35-10.05 8.45-10.15
--
2016 2017 2018
All Milk Prices ($ per cwt) 16.30 17.65-17.75 16.90-17.80
** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MTABLE$,M$U$$$,MAUDA$,MAUDT$]
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