December 9, 2016 S/D Crop Report

December 9th, 2016 S/D Crop Report

Soybeans

16/17 Projected US Ending Stocks @ 480 mb
Est @ 470 (428-500) mb
November @ 480 mb

16/17 Projected Global Stocks @ 82.9 mmt
Est @ 81.31 (78.10-83) mmt
November @ 81.53 mmt

16/17 Projected World Soybean Production
Argentina @ 57 mmt November @ 57 mmt
Brazil @ 102 mmt November @ 102 mmt
China @ 12.5 mmt November @ 12.5 mmt

Corn

16/17 Projected US Ending Stocks @ 2.403 bb
Est @ 2.413 (2.364-2.584) bb
November @ 2.403 bb

16/17 Projected Global Stocks @ 222.25 mmt
Est @ 219.24 (217.10-224.80)mmt
November @ 218.19 mmt

16/17 Projected World Corn Production
China @ 219.55 mmt November @ 216 mmt
Argentina @ 36.5 mmt November @ 36.5 mmt
South Africa @ 13 mmt November @ 13 mmt
Brazil @ 86.5 mmt November @ 83.5 mmt
Eu-27 @ 60.7 mmt November @ 60.28 mmt
Mexico @ 24.5 mmt November @ 24.5 mmt

Wheat

16/17 Projected US Ending Stocks @ 1143 mb
Est @ 1139 (1030-1187) mb
November @ 1143 mb

16/17 Projected Global Stocks @ 252.14 mmt
Est @ 250.33 (249-252.6)
November @ 249.23 mmt

15/16 Projected World Wheat Production
Argentina @ 14.4 mmt November @ 14.4 mmt
Australia @ 33 mmt November @ 28.3 mmt
China @ 128.85 mmt November @ 128 mmt
EU -27 @ 143.97 mmt November @ 143.57 mmt
Canada @ 31.7 mmt November @ 31.5 mmt
India @ 90 mmt November @ 90 mmt
FSU-12 @ 131.43 mmt November @ 131.43 mmt
Ukraine @ 27 mmt November @ 27 mmt
Russia @ 72 mmt November @ 72 mmt