Supply and Demand Tables - Updated October 10, 2014

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October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
U.S. Corn: Supply & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
Planted Acres 95.4 95.4 0.0   91.6 90.9 -0.7
Harvested Acres 87.7 87.7 0.0   83.8 83.1 -0.7
               
Yield 158.8 158.8 0.0   171.7 174.2 2.5
               
Beginning Stocks 821 821 0   1,181 1,236 55
Production 13,925 13,925 0   14,395 14,475 80
Imports 35 36 1   30 25 -5
Total supply 14,781 14,782 1   15,606 15,736 130
               
Feed & Residual 5,175 5,125 -50   5,325 5,375 50
Food, Seed, & Industrial 6,500 6,504 4   6,530 6,530 0
Ethanol 5,125 5,130 5   5,125 5,125 0
Total Domestic 11,675 11,629 -46   11,855 11,905 50
Export 1,925 1,917 -8   1,750 1,750 0
Total use 13,600 13,546 -54   13,605 13,655 50
               
Ending Stocks 1,181 1,236 55   2,001 2,081 80
Stocks/Use 8.7% 9.1% 0.4%   14.7% 15.2% 0.5%
Ave Farm Price $4.45 $4.46 $0.01   $3.50 $3.40 -$0.10
               
October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
World Corn: Supply & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
               
Beginning Stocks 138.15 137.66 -0.49   173.08 173.00 -0.08
Production 986.68 988.57 1.89   987.52 990.69 3.17
Imports 121.22 122.04 0.82   112.87 111.72 -1.15
               
Feed 575.26 575.84 0.58   594.02 596.19 2.17
Total Domestic 951.75 953.23 1.48   970.69 973.11 2.42
Export 125.65 129.03 3.38   115.19 114.09 -1.10
               
Ending Stocks 173.08 173.00 -0.08   189.91 190.58 0.67
Stocks/Use 18.19% 18.15% -0.04%   19.56% 19.58% 0.02%
               
               
October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
Soybeans: Supply & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
Planted Acres 76.5 76.8 0.3   84.8 84.2 -0.6
Harvested Acres 75.9 76.3 0.4   84.1 83.4 -0.7
               
Yield 43.3 44 0.7   46.6 47.1 0.5
               
Beginning Stocks 141 141 0   130 92 -38
Production 3,289 3,358 69   3,913 3,927 14
Imports 80 72 -8   15 15 0
Total supply 3,509 3,571 62   4,058 4,034 -24
               
Crush 1,730 1,734 4   1,770 1,770 0
Feed, Seed, & Industrial 5 98 93   114 114 0
Total Domestic 1,735 1,832 97   1,884 1,884 0
Export 1,645 1,647 2   1,700 1,700 0
Total use 3,379 3,479 100   3,584 3,584 0
               
Ending Stocks 130 92 -38   475 450 -25
Stocks/Use 3.8% 2.6% -1.2%   13.3% 12.6% -0.7%
Ave Farm Price $13.00 $13.00 $0.00   $10.00 $10.00 $0.00
               
October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
World Soybeans: Sup & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
               
Beginning Stocks 56.84 56.84 0.00   66.91 66.49 -0.42
Production 283.13 285.01 1.88   311.13 311.20 0.07
Imports 108.92 108.90 -0.02   112.50 112.50 0.00
               
Domestic Crush 239.93 239.21 -0.72   252.08 251.08 -1.00
Total Domestic 269.05 270.87 1.82   284.98 284.33 -0.65
Export 112.93 113.39 0.46   115.40 115.20 -0.20
               
Ending Stocks 66.91 66.49 -0.42   90.17 90.67 0.50
Stocks/Use 24.87% 24.55% -0.32%   31.64% 31.89% 0.25%
               
               
October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
U.S. Wheat: Supply & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
Planted Acres 56.2 56.2 0.0   56.5 56.8 0.3
Harvested Acres 45.2 45.3 0.1   46.2 46.5 0.3
               
Yield 47.2 47.1 -0.10   43.9 43.8 -0.10
               
Beginning Stocks 718 718 0   590 590 0
Production 2,130 2,135 5   2,030 2,035 5
Imports 169 169 0   170 170 0
Total supply 3,016 3,022 6   2,789 2,795 6
               
Feed 222 228 6   155 180 25
Food, Seed, & Industrial 1,028 1,028 0   1,036 1,036 0
Total Domestic 1,250 1,256 6   1,191 1,216 25
Export 1,176 1,176 0   900 925 25
Total use 2,426 2,432 6   2,091 2,141 50
               
Ending Stocks 590 590 0   698 654 -44
Stocks/Use 24.3% 24.3% -0.1%   33.4% 30.5% -2.8%
Ave Farm Price $6.87 $6.87 $0.00   $5.90 $5.90 $0.00
               
October 2014 USDA WASDE Old Crop 2013-14   New Crop 2014-15
World Wheat: Sup & Use USDA USDA     USDA USDA  
  Sep-14 Oct-14 Change   Sep-14 Oct-14 Change
               
Beginning Stocks 175.60 174.96 -0.64   186.45 185.58 -0.87
Production 714.05 715.13 1.08   719.95 721.12 1.17
Imports 156.61 156.46 -0.15   152.95 154.72 1.77
               
Feed 129.25 130.22 0.97   137.76 140.31 2.55
Total Domestic 703.20 704.52 1.32   710.01 714.11 4.10
Export 166.31 166.18 -0.13   154.83 156.02 1.19
               
Ending Stocks 186.45 185.58 -0.87   196.38 192.59 -3.79
Stocks/Use 26.51% 26.34% -0.17%   27.66% 26.97% -0.69%