FI convenience table attached and Reuters below

 

TABLE-USDA July crop supply/demand report estimates – Reuters News

10-Jul-2018 12:45:19 PM

CHICAGO, July 10 (Reuters) – The following tables summarize trade expectations for the U.S. Department of Agriculture’s monthly World Agricultural Supply and Demand Estimates (WASDE) report, which is scheduled for release at 12 p.m. EDT (1600 GMT) on Thursday.

U.S. ending stocks and wheat production figures are quoted in billions of bushels. World ending stocks and production figures are quoted in millions of tonnes.

USDA 2018-19 U.S. corn and soybean production

	USDA July	Average of	Range of	USDA June
	2018-19	analysts’	analysts’	2018-19
	estimate	estimates	estimates	estimate
Corn
production		14.269	14.045-14.683	14.040
Corn yield		174.9	172.6-179.5	174.0
Soy production		4.314	4.200-4.402	4.280
Soy yield		48.6	47.0-49.5	48.5

USDA 2017-18 U.S. grain and soybean ending stocks

	USDA July	Average of	Range of	USDA June
	2017-18	analysts’	analysts’	2017-18
	end-stocks	estimates	estimates	end-stocks
	estimates			estimates
Corn	_______	2.107	2.052-2.177	2.102
Soybeans	_______	0.507	0.478-0.530	0.505

 

USDA 2018-19 U.S. grain and soybean ending stocks

	USDA July	Average of	Range of	USDA June
	2018-19	analysts’	analysts’	2018-19
	end-stocks	estimates	estimates	end-stocks
	estimates			estimates
Wheat	_______	0.973	0.924-1.021	0.946
Corn	_______	1.712	1.545-1.922	1.577
Soybeans	_______	0.471	0.390-0.571	0.385

 

 

USDA 2017-18 world grain and soybean ending stocks

	USDA July	Average of	Range of	USDA June
	2017-18	analysts’	analysts’	2017-18
	end-stocks	estimates	estimates	end-stocks
	estimates			estimates
Wheat	________	272.46	271.00-274.50	272.37
Corn	________	191.42	189.50-192.88	192.69
Soybeans	________	91.76	89.00-93.00	92.49

 

USDA 2018-19 world grain and soybean ending stocks

	USDA July	Average of	Range of	USDA June
	2018-19	analysts’	analysts’	2018-19
	end-stocks	estimates	estimates	end-stocks
	estimates			estimates
Wheat	________	265.05	262.00-268.00	266.16
Corn	________	156.27	151.00-163.00	154.69
Soybeans	________	88.15	85.00-92.00	87.02

 

USDA 2018-19 U.S. wheat production

	USDA July	Average of	Range of	USDA
	2018-19	analysts’	analysts’	June
	estimate	estimates	estimates	estimates
All wheat	_______	1.858	1.825-1.923	1.827
All winter	_______	1.196	1.178-1.218	1.198
Hard red winter	_______	0.650	0.634-0.675	0.650
Soft red winter	_______	0.316	0.305-0.334	0.316
White winter	_______	0.229	0.202-0.244	0.232
Other spring	_______	0.599	0.568-0.646	NA
Durum	_______	0.072	0.060-0.083	NA

 

 

USDA world production

	July USDA	June USDA	July USDA	June USDA
	2017-18	2017-18	2018-19	2018-19
	estimate	estimate	estimate	estimate
Argentina wheat	_____	18.00	_____	19.50
Australia wheat	_____	21.50	_____	24.00
Canada wheat	_____	30.00	_____	32.50
Russia wheat	_____	84.99	_____	68.50
Argentina corn	_____	33.00	_____	41.00
Brazil corn	_____	85.00	_____	96.00
South Africa corn	_____	13.50	____	14.00
China corn	______	215.89	______	225.00
Ukraine corn	_____	24.12	_____	30.00
Argentina soy	_____	37.00	_____	56.00
Brazil soy	______	119.00	______	118.00

 

(Reporting by Julie Ingwersen)

(( Julie.ingwersen@thomsonreuters.com ; 1-312-408-8710; Reuters Messaging: julie.ingwersen.thomsonreuters.com@reuters.net ))

 

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Keywords: USA-GRAINS/USDA (TABLE)

 

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Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

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