USDA Analysts’ Estimate USDA
March 9 Average Range Prior
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U.S. 2015/16 Crop Reserves:
Corn 1,837 1,873 1,800-1,983 1,837
Soybeans 460 466 440-550 450
Wheat 966 970 920-998 966
Cotton 3.6 3.6 3.45-3.7 3.6
NOTE: Grains, soy in million bushels & cotton in million bales
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USDA Analysts’ Estimate USDA
March 9 Average Range Prior
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World 2015/16 U.S. Crop Reserves:
Corn 207.0 209.0 206.5-210.5 208.8
Soybeans 78.9 80.8 79-82.4 80.4
Wheat 237.6 237.6 230-240 238.9
Cotton 103.3 103.9 102.8-104.18 104.1
NOTE: Grains, soy in million metric tons, cotton in mln bales
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USDA Analysts’ Estimate USDA
March 9 Average Range Prior
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Brazil, Argentina Soybean 2015/16:
BRAZIL
Corn 84.0 84.1 81.0-87.0 84.0
Soybeans 100.0 100.2 98.6-102.0 100.0
ARGENTINA
Corn 27.0 27.2 25.0-28.0 27.0
Soybeans 58.5 59.1 56.9-61.0 58.5
NOTE: Million metric tons
World corn crop 1,009.7 1,009.0 969.6 970.1
EU-28 corn crop 75.8 75.8 57.8 57.8
China corn crop 215.7 215.7 224.6 224.6
China corn imports 5.5 5.5 2.5 2.5
World soybean crop 318.6 318.8 320.2 320.5
China soybean crop 12.2 12.2 12.0 12.0
China soy imports 78.4 78.4 82.0 80.5
World wheat crop 725.5 725.9 732.3 735.8
China wheat crop 126.2 126.2 130.2 130.2
India wheat crop 95.9 95.9 86.5 88.9
Australia wheat crop 23.1 23.7 24.5 26.0
Canada wheat crop 29.4 29.4 27.6 27.6
Russia wheat crop 59.1 59.1 61.0 61.0
Kazakhstan wheat crop 13.0 13.0 13.8 13.8
Ukraine wheat crop 24.8 24.8 27.3 27.3
EU 28 wheat crop 156.7 156.5 158.5 158.0
World cotton crop 119.2 119.2 100.2 101.4