July 10, 2015 USDA's Supply and Demand Report

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Key Report Statistics

 

July 10, 2015 USDA Reports
             
2015 - 16 United States Grain Yield (Bu/Acre)  
  USDA July 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2015-16 July Minus June  2015-16
Corn 166.8 165.20 163.0-166.8 1.600 166.8 0.0
Soybeans 46.0 45.10 43.5-46.0 0.900 46.0 0.0
Wheat 44.3     44.300 44.2 0.1
Cotton 819.0       809 10
Rice 7544.0       7,562 -18
             
2015- 16 United States Grain Production (Billion Bushels)  
  USDA July 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2015-16 July Minus June  2015-16
Corn 13.530 13.414 12.14-13.6 0.116 13.630 -0.100
Soybeans 3.885 3.781 3.58-3.88 0.104 3.850 0.035
Wheat 2148.000     2148.000 2.121 2145.879
Cotton 14.50       14.5 0.0
Rice 207.0       219.0 -12.0
             
2015 - 16 United States Ending Stocks (Billion Bushels)  
  USDA July 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2015-16 July Minus June  2015-16
Corn 1.599 1.549 1.263-1.952 0.050 1.771 -0.172
Soybeans 0.425 0.380 0.193-0.460 0.045 0.475 -0.050
Wheat 0.842 0.860 0.695-0.947 -0.018 0.814 0.028
Cotton 4.20       4.4 -0.2
Rice 38.4       48.4 -10.0
             
2014- 15 United States Ending Stocks (Billion Bushels)  
  USDA July 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2014-15 July Minus June   2014-15
Corn 1.779 1.814 1.726-1.906 -0.035 1.876 -0.097
Soybeans 0.255 0.287 0.251-0.330 -0.032 0.330 -0.075
Wheat 0.753     0.753 0.712 0.041
Cotton 4.20       4.4 -0.2
Rice 46.40       45.4 1.0
             
2015-16 United States Winter Wheat Production (Billion Bushels)  
  USDA July 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2015-16 July Minus June  2015-16
All Wheat 2.148 2.145 2.073-2.197 0.003 2.212 -0.064
All Winter Wheat 1.456 1.489 1.442-1.520 -0.033 1.505 -0.049
Hard Red Winter 0.866 0.891 0.873-0.910 -0.025 0.887 -0.021
Soft Red Winter 0.393 0.399 0.378-0.418 -0.006 0.414 -0.021
White Winter 0.196 0.199 0.190-0.210 -0.003 0.204 -0.008
             
2015 - 16 World Ending Stocks (Million Metric Tons)   
  USDA July 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2015-16 July Minus June  2015-16
Corn 189.95 192.31 185.19-197.0 -2.36 195.19 -5.24
Soybeans 91.80 91.89 89.4-94.8 -0.09 93.22 -1.42
Wheat 219.81 200.33 192.4-2014.41 19.48 202.40 17.41
Cotton 108.14       106.08 2.06
Rice 90.51       91.44 -0.93
             
2014 - 15 World Ending Stocks (Million Metric Tons)   
  USDA July 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2014-15 July Minus June  2014-15
Corn 193.95 195.09 188.0-197.5 -1.14 197.01 -3.06
Soybeans 81.68 82.93 81.2-84.3 -1.25 83.70 -2.02
Wheat 212.06 200.29 195.4-203.0 11.77 200.41 11.65
Cotton 110.96       110.10 0.86
Rice 98.95       98.68 0.27
             
2014-15 South American Production (Million Metric Tons)
  USDA July 2014-15 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA June 2014-15 July Minus June  2014-15
Argentina Corn 25.00     25.000 25.00 0.000
Argentina Soybeans 60.00     60.000 59.50 0.500
Brazil Corn 82.00     82.000 81.00 1.000
Brazil Soybeans 94.50     94.500 94.50 0.000
             
USDA World Grain Production (Million Metric Tons)  
    USDA July 2014-15 USDA June 2014-15 July        Minus June       2014-15 USDA July 2015-16 July       14-15     Minus June       15-16
Argentina Corn 25.00 25.00 0.000 25.00 0.000
Brazil Corn   82.00 81.00 1.000 77.00 -5.000
China Corn   215.67 215.67 0.000 229.00 13.330
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 60.00 59.50 0.500 57.00 -3.000
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 23.67 24.00 -0.330 26.00 2.330
Canada Wheat 29.30 29.30 0.000 27.50 -1.800
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 0.000 147.88 -8.570
FSU-12 Wheat 112.73 112.73 0.000 109.88 -2.850
Russia Wheat 59.08 59.08 0.000 57.00 -2.080
Ukraine Wheat 24.75 24.75 0.000 24.00 -0.750
FSU-12 Coarse Grains 91.45 91.45 0.000 83.46 -7.990
China Cotton 30.00 30.00 0.000 27.00 -3.000
India Cotton 29.50 29.50 0.000 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 2.30 2.20 0.100 2.00 -0.300
China Rice   144.50 144.50 0.000 146.00 1.500
India Rice   102.50 102.50 0.000 104.00 1.500
Thailand Rice 18.75 18.75 0.000 19.00 0.250
Vietnam Rice 28.05 28.05 0.000 28.20 0.150
Indonesia Rice 36.30 36.30 0.000 36.65 0.350