Category Archives: WASDE

USDA WASDE Results, January 12, 2015

US Corn & Soybean Production

Jan. #
USDA Nov.
Avg. Guess
Range of Guesses
2013 Final
Corn Total Crop
14.216
14.407
14.349
14.171 – 14.554
13.925
Corn Yield Avg.
171.0
173.4
173.3
171.3 – 174.3
158.8
Harvested Acres
83.1
83.097
82.765
82.057 – 83.527
87.668
Soybean Crop
3.969
3.958
3.956
3.844 – 4.020
3.358
Soy Yield Avg.
47.8
47.5
47.6
46.8 – 48.2
44.0

Harvested Acres

83.1
83.403
83.044
82.126 – 83.403
76.253

2014/15 January Ending Stocks

 
Jan. #
USDA Dec 2014
Avg. Guess
Range of Guesses
Corn
1.877
1.998
1.927
1.710 – 2.081
Soybeans
0.410
0.410
0.393
0.355 – 0.452
Wheat
0.687
0.654
0.666
0.636 – 0.699

December 1st Quarterly Stocks

 
Jan #
USDA Sep. 1
Avg. Guess
Range of Guesses
USDA Dec 1, 2013
Corn
11.203
1.236
11.123
10.820 – 11.325
10.453
Soybeans
2.524
0.092
2.590
2.400 – 2.742
2.154
Wheat
1.520
1.914
1.499
1.400 – 1.585
1.475

2014/15 World Ending Stocks

 
Jan #
USDA Dec 2014
Avg. Guess
Range of Guesses
Corn
189.15
192.20
191.19
186.50 – 193.00
Soybeans
90.78
89.87
89.35
87.40 – 90.55
Wheat
196
194.90
194.33
190.90 – 196.00

USDA Winter Wheat Acres

 
Jan #
Previous USDA
Avg. Guess
Range of Guesses
Total Winter
40.45
42.399
42.564
41.000 – 44.000
Hard Red
29.50
30.471
31.023
29.800 – 32.115
Soft Red
7.50
8.498
8.039
7.432 – 8.739
White
3.48
3.430
3.502
3.200 – 3.823

USDA Estimates for Final 2014 production

US Corn & Soybean Production

 
Jan. #
USDA Nov.
Avg. Guess
Range of Guesses
2013 Final
Corn Total Crop
???
14.407
14.349
14.171 – 14.554
13.925
Corn Yield Avg.
???
173.4
173.3
171.3 – 174.3
158.8
Harvested Acres
???
83.097
82.765
82.057 – 83.527
87.668
Soybean Crop
???
3.958
3.956
3.844 – 4.020
3.358
Soy Yield Avg.
???
47.5
47.6
46.8 – 48.2
44.0

Harvested Acres

???
83.403
83.044
82.126 – 83.403
76.253

2014/15 January Ending Stocks

 
Jan. #
USDA Dec 2014
Avg. Guess
Range of Guesses
Corn
???
1.998
1.927
1.710 – 2.081
Soybeans
???
0.410
0.393
0.355 – 0.452
Wheat
???
0.654
0.666
0.636 – 0.699

December 1st Quarterly Stocks

 
Jan #
USDA Sep. 1
Avg. Guess
Range of Guesses
USDA Dec 1, 2013
Corn
???
1.236
11.123
10.820 – 11.325
10.453
Soybeans
???
0.092
2.590
2.400 – 2.742
2.154
Wheat
???
1.914
1.499
1.400 – 1.585
1.475

2014/15 World Ending Stocks

 
Jan #
USDA Dec 2014
Avg. Guess
Range of Guesses
Corn
???
192.20
191.19
186.50 – 193.00
Soybeans
???
89.87
89.35
87.40 – 90.55
Wheat
???
194.90
194.33
190.90 – 196.00

USDA Winter Wheat Acres

 
Jan #
Previous USDA
Avg. Guess
Range of Guesses
Total Winter
???
42.399
42.564
41.000 – 44.000
Hard Red
???
30.471
31.023
29.800 – 32.115
Soft Red
???
8.498
8.039
7.432 – 8.739
White
???
3.430
3.502
3.200 – 3.823

2014/15 South American Production Numbers

 
Jan #
USDA Dec 2014
Avg. Guess
Range of Guesses
Brazil Corn
???
75.00
74.66
72.25 – 75.80
Argentine Corn
???
22.00
22.49
21.20 – 29.20
Brazil Soy
???
94.00
94.60
93.50 – 98.00
Argentine Soy
???
55.00
55.45
54.00 – 59.20

USDA’s ​December Supply & Demand

USDA’s ​December Supply & Demand

US 2014/15 Ending Stocks (In millions of bushels)

 
 USDA Dec. 
Avg. Estimate
Range of Estimates
USDA Nov.
Corn
1.998
​2.027
1.905 – 2.156
2.008
Soybeans
.410
​0.427
0.400 – 0.455
0.450
Wheat
.654
​0.654
0.642 – 0.681
0.644

World 2014/15 Ending Stocks (In million metric tons)

 
 USDA Dec.
Avg. Estimate
Range of Estimates
USDA Nov.
Corn
192.20
​191.42
189.60 – 194.00
​191.50
Soybeans
89.87
​89.7
88.50 – 91.60
90.28
Wheat
194.90
191.75
189.50 – 193.20
 
​192.90
 

South American 2014/15 Production Worksheet

USDA Dec.
Avg. Trade Guess
Trade Range
USDA Nov.
Argentina
Corn
22.00
23.07
21.00 – 29.10
23.00
Soybeans
55.00
55.45
55.00 – 58.60
55.00
Brazil
Corn
75.00
74.01
68.70 – 75.50
75.00
Soybeans
94.00
93.39
92.00 – 98.00
94.00