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Looking ahead to Wednesday's USDA data

07/10/2012 @ 11:19am

The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's July production and supply and demand reports.

The reports are scheduled for release at 8:30 a.m. EDT (1230 GMT) Wednesday. U.S. estimates are in billions of bushels except soyoil, which is in billions of pounds. Soymeal is in short tons. Cotton is in millions of 480-pound bales. Rice is in million hundredweight. World crop forecasts are in millions of metric tons.

USDA U.S. Wheat Production
                                      June
                                      2012-13 2011
                 Average    Range     USDA    Production
All Wheat        2.253   2.144-2.308  2.234   1.999
All Winter Wheat 1.668   1.613-1.699  1.684   1.494
Hard Red Winter  1.010   0.963-1.026  1.024   0.780
Soft Red Winter  0.426   0.403-0.460  0.429   0.458
White Winter     0.229   0.215-0.233  0.231   0.256

USDA U.S. Grain, Cotton Carryout
          2011-12  June    2012-13  June
          analyst  2011-12 Analyst  2012-13
          estimate USDA    estimate USDA
Soybeans  0.170    0.175   0.134    0.140
Corn      0.840    0.851   1.232    1.881
Wheat      n/a     0.743*  0.725    0.694
Soyoil     n/a     2.590    n/a     2.135
Soymeal    n/a     300,000  n/a     300,000
Cotton     n/a     3.20     n/a     4.90
Rice       n/a     29.5     n/a     25.5

*From USDA Quarterly Grain Stocks Report

USDA World Carryover
          June    June
          2011-12 2012-13
          USDA    USDA
Wheat     195.6   185.8
Corn      129.2   155.7
Soybeans  53.4    58.5
Soymeal   7.47    8.31
Soyoil    2.74    2.24
Cotton    67.3    74.5
Rice      104.39  104.16

USDA World Grain Production
                     June     June
                     2011-12  2012-13
                     USDA     USDA
China corn           192.8    195.0
South Africa corn    11.5     13.0
Argentina corn       21.0     25.0
Brazil corn          69.0     67.0
Australia wheat      29.5     26.0
Argentina wheat      14.5     12.0
EU 27 wheat          137.4    131.0
Canada wheat         25.3     27.0
China wheat          117.4    120.0
Russia wheat         56.2     53.0
Ukraine wheat        22.1     13.0
Brazil soybeans      65.5     78.0
Argentina soybeans   41.5     55.0
China soybeans       13.5     12.6


-Write to Andrew Johnson Jr. at andrew.johnsonjr@dowjones.com
(END) Dow Jones Newswires
July 10, 2012 11:29 ET (15:29 GMT)
DJ USDA Report: Recap For July Production, Supply And Demand Report->copyright

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