May 10, 2016 USDA Reports

Key Report Statistics

 

May 10, 2016 USDA Reports
               
2015-16 USDA United States Grain Carryout (Billion Bushels)    
  USDA May 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA April 2015-16 May Minus April   2015-16  
Corn 1.803 1.841 1.762-1.890 -0.038 1.862 -0.059  
Soybeans 0.400 0.426 0.395-0.445 -0.026 0.445 -0.045  
Wheat 0.978 0.981 0.961-1.011 -0.003 0.976 0.002  
Milo 0.065       0.065 0.000  
Cotton 4.00       3.50 0.50  
Rice 43.40       43.40 0.00  
               
2016-17 USDA United States Grain Production (Billion Bushels)    
  USDA May 2016-17 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA         May         2015-16 2016-17  Minus 2015-16  
Corn 14.430 14.181 13.590-14.431 0.249 13.601 0.829  
Soybeans 3.800 3.794 3.703-3.930 0.006 3.929 -0.129  
Wheat 1.998 1.981 1.825-2.219 0.017 2.052 -0.054  
Milo 0.407       0.597 -0.190  
Cotton 14.80       12.87 1.93  
Rice 231.00       192.30 38.70  
               
2016-17 USDA United States Grain Carryout (Billion Bushels)    
  USDA May 2016-17 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA         May         2015-16 2016-17  Minus 2015-16  
Corn 2.153 2.294 1.950-2.555 -0.141 1.803 0.350  
Soybeans 0.305 0.405 0.290-0.500 -0.100 0.400 -0.095  
Wheat 1.029 0.997 0.820-1.140 0.032 0.978 0.051  
Milo 0.053       0.065 -0.012  
Cotton 4.70       4.00 0.70  
Rice 50.40       43.40 7.00  
               
2016-17 United States Winter Wheat Production (Billion Bushels)    
  USDA May 2016-17 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA         2015-16 2016-17  Minus 2015-16  
All Wheat 1.998 1.981 1.825-2.219 0.017 2.052 -0.054  
All Winter 1.427 1.384 1.220-1.572 0.043 1.370 0.057  
HRW 0.863 0.818 0.678-0.978 0.045 0.827 0.036  
SRW 0.357 0.364 0.240-0.399 -0.007 0.359 -0.002  
White 0.208 0.200 0.180-0.223 0.008 0.184 0.024  
               
2015-16 USDA World Carryout (Million Metric Tons)    
  USDA May 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA April 2015-16 May Minus April   2015-16  
Corn 207.87 205.75 200.50-209.00 2.120 208.910 -1.040  
Soybeans 74.25 76.28 71.50-78.32 -2.030 79.020 -4.770  
Wheat 242.91 239.77 238.30-241.20 3.140 239.260 3.650  
Coarse Grain 244.54       245.120 -0.580  
Cotton 102.84       102.220 0.620  
Rice 106.43       90.170 16.260  
               
2016-17 USDA World Carryout (Million Metric Tons)    
  USDA May 2016-17 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA         May         2015-16 2016-17  Minus 2015-16  
Corn 207.04 211.56 201.50-224.00 -4.520 207.870 -0.830  
Soybeans 68.21 73.23 65.28-84.70 -5.020 74.250 -6.040  
Wheat 257.34 242.98 225.00-255.69 14.360 242.910 14.430  
Coarse Grain 241.03       244.540 -3.510  
Cotton 96.84       102.840 -6.000  
Rice 106.61       106.430 0.180  
               
2015-16 USDA South American Production (Million Metric Tons)  
  USDA May 2015-16 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA April 2015-16 May Minus April   2015-16  
Argentina Corn 27.00 27.40 25.0-28.5 -0.400 28.00 -1.000  
Argentina Soybeans 56.50 55.60 53.0-58.5 0.900 59.00 -2.500  
Brazil Corn 81.00 80.40 77.0-83.5 0.600 84.00 -3.000  
Brazil Soybeans 99.00 99.10 96.5-101.5 -0.100 100.00 -1.000  
               
2016-17 USDA South American Production (Million Metric Tons)  
  USDA May 2016-17 Average Trade Estimate Range of Trade Estimates Actual Minus  Trade Estimate USDA May 2015-16 2016-17  Minus 2015-16  
Argentina Corn 34.00       27.00 7.000  
Argentina Soybeans 57.00       56.50 0.500  
Brazil Corn 82.00       81.00 1.000  
Brazil Soybeans 103.00       99.00 4.000  
               
USDA World Grain Production (Million Metric Tons)    
    USDA May 2015-16 USDA April 2015-16 May Minus April           2015-16 USDA        May         2016-17 2015-16     Minus     2016-17  
Argentina Corn 27.00 28.00 -1.000 34.00 -7.000  
Brazil Corn   81.00 84.00 -3.000 82.00 -1.000  
China Corn   224.58 224.58 0.000 218.00 6.580  
South Africa  Corn 6.50 6.50 0.000 13.00 -6.500  
Ukraine  Corn 23.33 23.33 0.000 26.00 -2.670  
EU  Corn 57.98 57.47 0.510 64.28 -6.300  
Argentina Soybeans 56.50 59.00 -2.500 57.00 -0.500  
Brazil Soybeans 99.00 100.00 -1.000 103.00 -4.000  
China Soybeans 11.80 11.80 0.000 12.20 -0.400  
Argentina Wheat 11.30 11.30 0.000 14.50 -3.200  
Australia Wheat 24.50 24.50 0.000 25.00 -0.500  
Canada Wheat 27.60 27.60 0.000 28.50 -0.900  
China Wheat 130.19 130.19 0.000 130.00 0.190  
India Wheat 86.53 86.53 0.000 88.00 -1.470  
EU Wheat   160.01 160.00 0.010 156.50 3.510  
FSU-12 Wheat 117.60 117.60 0.000 115.83 1.770  
Russia Wheat 61.04 61.04 0.000 63.00 -1.960  
Ukraine Wheat 27.27 27.27 0.000 24.00 3.270  
FSU-12 Coarse Grains 82.51 82.51 0.000 86.73 -4.220  
EU Coarse Grains 151.25 150.73 0.520 157.71 -6.460  
China  Coarse Grains 231.78 231.58 0.200 225.70 6.080  
India Cotton 26.80 26.80 0.000 28.00 -1.200  
Brazil Cotton 6.50 6.60 -0.100 6.40 0.100  
Pakistan Cotton 7.00 7.00 0.000 9.00 -2.000  
Turkey Cotton 2.65 2.65 0.000 3.00 -0.350  
Australia Cotton 2.50 2.50 0.000 2.60 -0.100  
China Cotton 23.80 23.80 0.000 22.50 1.300  
China Rice   145.77 145.77 0.000 146.50 -0.730  
India Rice   103.00 103.00 0.000 105.00 -2.000  
Thailand Rice 15.80 15.80 0.000 17.00 -1.200  
Vietnam Rice 28.10 28.10 0.000 28.50 -0.400  
Indonesia Rice 35.30 35.30 0.000 36.60 -1.300