Following is a snapshot of USDA’s Prospective Plantings Report:
| Prospective Plantings | USDA | Avg. | Range | 2011 |
in million acres
| ||||
Corn | 95.9 | 94.7 | 93.7-95.7 | 91.921 |
Soybeans | 73.9 | 75.5 | 74.5-76.7 | 74.976 |
All wheat | 55.9 | 57.6 | 56.6-58.3 | 54.409 |
Winter wheat | 41.7 | 42.0 | 41.5-42.6 | 40.646 |
Spring wheat | 12.0 | 13.4 | 12.1-14.5 | 12.394 |
Durum | 2.22 | 2.30 | 1.5-2.5 | 1.369 |
Cotton | 13.2 | 12.74 | 11.5-13.10 | 14.73 |
Following is a snapshot of USDA’s Quarterly Grain Stocks Report:
Grain Stocks | USDA | Avg. | Range | Dec. 1, 2011 | Mar. 1, 2011 |
in billion bushels | |||||
Corn | 6.01 | 6.151 | 5.925-6.300 | 9.642 | 6.523 |
Soybeans | 1.37 | 1.381 | 1.325-1.467 | 2.366 | 1.249 |
Wheat | 1.2 | 1.235 | 1.181-1.322 | 1.656 | 1.425 |
