USDA Pre Report 011020

TABLE-USDA January crop supply/demand, stocks report estimates – Reuters News

 

U.S. winter wheat seedings for 2020 harvest, in millions of acres:

 

USDA Jan. Average Range of USDA 2019
estimate of analyst analyst wheat
estimates estimates plantings
All winter ________ 30.664 29.900-32.180 31.159
Hard red winter ________ 22.086 21.400-23.090 22.458
Soft red winter ________ 5.118 4.600-5.557 5.201
White winter ________ 3.490 3.400-3.600 3.500

 

 

USDA 2019-20 U.S. corn and soybean crops

 

USDA Jan. Average of Range of USDA Nov.
2019-20 analysts’ analysts’ 2019-20
estimate estimates estimates estimate
Corn
production ______ 13.513 13.217-13.701 13.661
Corn yield ______ 166.2 164.8-168.5 167.0
Harvested area ______ 81.350 80.100-81.953 81.815
Soy production ______ 3.512 3.463-3.560 3.550
Soy yield ______ 46.6 46.0-47.2 46.9
Harvested area ______ 75.462 74.500-76.000 75.626

 

 

U.S. quarterly stocks as of Dec. 1, in billions of bushels:

 

USDA Dec. 1 Average of Range of USDA USDA
estimate analysts’ analysts’ Sept. 1, Dec. 1,
estimates estimates 2019 2018
Wheat _________ 1.917 1.806-2.010 2.385 2.009
Corn _________ 11.511 11.290-11.660 2.114 11.937
Soybeans _________ 3.186 3.023-3.379 0.913 3.746

 

 

USDA 2019-20 U.S. grain and soybean ending stocks, in billions of bushels:

 

USDA Jan. Average of Range of USDA Dec.
2019-20 analysts’ analysts’ 2019-20
end-stocks estimates estimates end-stocks
estimates estimates
Wheat _______ 0.969 0.930-1.000 0.974
Corn _______ 1.757 1.537-1.915 1.910
Soybeans _______ 0.424 0.310-0.490 0.475

 

 

USDA 2019-20 world grain and soybean ending stocks, in millions of tonnes:

USDA Jan. Average of Range of USDA Dec.
2019-20 analysts’ analysts’ 2019-20
end-stocks estimates estimates end-stocks
estimates estimates
Wheat ________ 287.32 278.20-290.00 289.50
Corn ________ 296.61 290.50-301.70 300.56
Soybeans ________ 95.23 91.70-97.50 96.40

 

 

USDA 2019-20 South American corn and soy production, in millions of tonnes:

 

Jan. USDA Average of Range of Dec. USDA
2019-20 analysts’ analysts’ 2019-20
estimate estimates estimates estimate
ARGENTINA
Corn ________ 49.59 48.00-50.00 50.00
Soybeans ________ 52.78 52.00-53.00 53.00
BRAZIL
Corn ________ 100.63 99.00-101.20 101.00
Soybeans ________ 123.02 121.76-124.00 123.00
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