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August USDA WASDE report
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ILLRick
Posted 8/12/2010 09:11 (#1311873 - in reply to #1311862)
Subject: Re: August USDA WASDE report


ECIL
Wheat by class:

U.S. Wheat S&D/WheatByClass 08/12
WASDE-485-11
August 2010

U.S. Wheat Supply and Use 1/
===============================================================================
: : : 2010/11 Projections
Item : 2008/09 : 2009/10 :==============================
: : Est. : July August
===============================================================================
Area : Million acres
Planted : 63.2 59.1 54.3 54.3
Harvested : 55.7 49.9 48.3 48.3
Yield per harvested : Bushels
acre : 44.9 44.4 45.9 46.9
: Million bushels
Beginning stocks : 306 657 973 973
Production : 2,499 2,216 2,216 2,265
Imports : 127 119 100 100
Supply, total : 2,932 2,991 3,289 3,338
Food : 927 917 940 940
Seed : 78 70 76 76
Feed and residual : 255 149 180 170
Domestic, total : 1,260 1,137 1,196 1,186
Exports : 1,015 881 1,000 1,200
Use, total : 2,275 2,018 2,196 2,386
Ending stocks : 657 973 1,093 952
CCC inventory : 0 0
Free stocks : 657 973
Outstanding loans : 27 51
Avg. farm price ($/bu) 2/ : 6.78 4.87 4.20- 5.00 4.70- 5.50
===============================================================================

U.S. Wheat by Class: Supply and Use
===============================================================================
Year beginning : Hard : Hard : Soft : : :
June 1 : Winter : Spring : Red : White : Durum : Total
===============================================================================
2009/10 (estimated) : Million bushels
Beginning stocks : 254 142 171 64 25 657
Production : 919 548 404 237 109 2,216
Supply, total 3/ : 1,175 731 607 310 169 2,991
Domestic use : 420 282 256 88 90 1,137
Exports : 370 214 109 143 44 881
Use, total : 790 497 366 231 134 2,018
Ending stocks, total : 385 234 241 79 35 973
:
2010/11 (projected) :
Beginning stocks : 385 234 241 79 35 973
Production : 1,029 593 260 274 109 2,265
Supply, total 3/ : 1,415 862 521 362 178 3,338
Domestic use : 491 263 242 106 84 1,186
Exports : 545 340 100 160 55 1,200
Use, total : 1,036 603 342 266 139 2,386
Ending stocks, total :
August : 379 259 179 96 39 952
July : 476 333 162 88 34 1,093
===============================================================================
Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1.
2/ Marketing-year weighted average price received by farmers. 3/ Includes
imports.
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