June 10, 2015 USDA's Supply and Demand Report

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Key Report Statistics

 

June 10, 2015 USDA Reports
             
2014-15 USDA United States Grain Carryout (Billion Bushels)  
  USDA June 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2014-15 June Minus May    2014-15
Corn 1.876 1.865 1.775-1.964 0.011 1.851 0.025
Soybeans 0.330 0.341 0.302-0.364 -0.011 0.350 -0.020
Wheat 0.712 0.714 0.685-0.734 -0.002 0.709 0.003
Cotton 4.40       4.400 0.000
Rice 45.40       42.900 2.500
             
             
2015 - 16 United States Ending Stocks (Billion Bushels)  
  USDA June 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2015-16 June Minus May    2015-16
Corn 1.771 1.772 1.662-2.053 -0.001 1.746 0.025
Soybeans 0.475 0.483 0.365-0.569 -0.008 0.500 -0.025
Wheat 0.814 0.794 0.672-0.847 0.020 0.793 0.021
Cotton 4.40       4.400 0.000
Rice 48.40       47.400 1.000
             
2014 - 15 World Ending Stocks (Million Metric Tons)   
  USDA June 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2014-15 June Minus May    2014-15
Corn 197.01 192.67 188.00-194.00 4.34 192.50 4.51
Soybeans 83.70 85.89 84.20-86.71 -2.19 85.54 -1.84
Wheat 200.41 200.39 196.90-201.40 0.02 200.97 -0.56
Cotton 110.10       110.25 -0.15
Rice 98.68       98.41 0.27
             
2015 - 16 World Ending Stocks (Million Metric Tons)   
  USDA June 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2015-16 June Minus May    2015-16
Corn 195.19 192.41 187.20-199.70 2.78 191.94 3.25
Soybeans 93.22 96.21 90.25-98.00 -2.99 96.22 -3.00
Wheat 202.40 202.36 196.70-204.00 0.04 203.32 -0.92
Cotton 106.28       106.29 -0.01
Rice 91.44       91.54 -0.10
             
2014-15 USDA South American Production (Million Metric Tons)
  USDA June 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2014-15 June Minus May    2013-14
Argentina Corn 25.00 25.10 23.70-29.80 -0.100 24.50 0.500
Argentina Soybeans 59.50 59.18 57.75-61.90 0.320 58.50 1.000
Brazil Corn 81.00 78.70 76.50-81.10 2.300 78.00 3.000
Brazil Soybeans 94.50 94.67 93.70-95.50 -0.170 94.50 0.000
             
2015-16 United States Winter Wheat Production (Billion Bushels)  
  USDA June 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2015-16 June Minus May    2015-16
All Wheat 2.121 2.095 2.044-2.189 0.026 2.087 0.034
All Winter Wheat 1.505 1.466 1.429-1.501 0.039 1.472 0.033
Hard Red Winter 0.888 0.850 0.820-0.878 0.038 0.854 0.034
Soft Red Winter 0.414 0.412 0.398-0.426 0.002 0.416 -0.002
White Winter 0.204 0.204 0.198-0.220 0.000 0.203 0.001
             
             
USDA World Grain Production (Million Metric Tons)  
    USDA June 2014-15 USDA May 2014-15 June     Minus May       2014-15 USDA June 2015-16 June      14-15 Minus June       15-16
Argentina Corn 25.00 24.50 0.500 25.00 0.000
Brazil Corn   81.00 78.00 3.000 75.00 6.000
China Corn   215.67 215.67 0.000 228.00 -12.330
South Africa  Corn 11.30 11.30 0.000 13.50 -2.200
Ukraine  Corn 28.45 28.45 0.000 26.00 2.450
Argentina Soybeans 59.50 58.50 1.000 57.00 2.500
Brazil Soybeans 94.50 94.50 0.000 97.00 -2.500
Argentina Wheat 12.50 12.50 0.000 11.50 1.000
Australia Wheat 24.00 24.00 0.000 26.00 -2.000
Canada Wheat 29.30 29.30 0.000 29.00 0.300
China Wheat 126.17 126.17 0.000 130.00 -3.830
India Wheat 95.85 95.85 0.000 90.00 5.850
EU Wheat   156.45 156.45 0.000 150.68 5.770
FSU-12 Wheat 112.73 112.73 0.000 105.88 6.850
Russia Wheat 59.08 59.08 0.000 55.00 4.080
Ukraine Wheat 24.75 24.75 0.000 23.00 1.750
FSU-12 Coarse Grains 91.45 91.45 0.000 82.96 8.490
China Cotton 30.00 30.00 0.000 27.00 3.000
India Cotton 29.50 30.00 -0.500 29.50 0.000
Brazil Cotton 7.00 7.00 0.000 6.75 0.250
Pakistan Cotton 10.60 10.60 0.000 10.00 0.600
Turkey Cotton 3.20 3.20 0.000 2.80 0.400
Australia Cotton 2.20 2.20 0.000 2.00 0.200
China Rice   144.50 144.50 0.000 151.00 -6.500
India Rice   102.50 102.50 0.000 104.00 -1.500
Thailand Rice 18.75 18.75 0.000 19.80 -1.050
Vietnam Rice 28.05 28.05 0.000 28.20 -0.150
Indonesia Rice 36.30 36.30 0.000 36.65 -0.350