The USDA Numbers

12/01/12 -- The USDA's eagerly awaited raft of important numbers including US winter wheat plantings, revised 2011 production numbers for corn and beans, quarterly stocks and 2011/12 ending stocks:


USDA 2011/12 Ending Stocks Estimates (billion bushels):


















































































































































































Product

USDA


Avg Est


Range


USDA Dec Est


USDA 10/11
Wheat

0.870


0.842


0.766-0.888


0.878


0.862
Corn

0.846


0.749


0.587-1.020


0.848


1.128
Beans

0.275


0.233


0.127-0.285


0.230


0.215


USDA Quarterly Stocks Estimates (billion bushels):































































































Product

USDA


Avg Est


Range


Year Ago
Wheat

1.656


1.695


1.590-1.904


1.933
Corn

9.642


9.391


9.200-9.700


10.057
Beans

2.366


2.324


2.227-2.577


2.278


USDA 2011 Production Estimates (billion bushels):

















































































Product

USDA


Avg Est


Range


USDA Dec Est


USDA
10
Corn

12.358


12.265


12.165-12.375


12.310


12.447
Beans

3.056


3.048


3.010-3.200


3.046


3.329


USDA 2011 Yield Estimates (bushels/acre):
















































































Product

USDA


Avg Est


Range


USDA Dec Est


USDA
10
Corn

147.2


146.163


145.0-147.5


146.7


152.8
Beans

41.5


41.358


41.0-42.7


41.3


43.5


USDA 2012 Crop Winter Wheat Acres (million acres):






































































Product

USDA


Avg Est


Range


USDA 2011
All Wheat

41.9


40.933


39.600-42.850


40.646