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USDA Supply/Demand : U.S. Soybeans And Products- Jul 12

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07/12/2018 | 06:15pm CEST
            U.S. Soybeans and Products Supply and Use (Domestic Measure) 
============================================================================== 
Item                           2017/2018                      2018/2019 
                             prev     Jul 12            prev            Jul 12 
============================================================================== 
SOYBEANS                                Million acres 
Area 
 Planted                     90.1       90.1           89.0 *          89.6 ** 
 Harvested                   89.5       89.5           88.2 *          88.9 ** 
                                       Bushels 
Yield per harvested 
 acre                        49.1       49.1           48.5 *          48.5 ** 
                                     Million bushels 
 Beginning stocks             302        302              505              465 
 Production                 4,392      4,392            4,280            4,310 
 Imports                       25         22               25               25 
 Supply, total              4,718      4,715            4,810            4,800 
 Crushings                  2,015      2,030            2,000            2,045 
 Exports                    2,065      2,085            2,290            2,040 
 Seed                         103        104              103              103 
 Residual                      30         32               32               32 
 Use, total                 4,213      4,251            4,425            4,220 
 Ending stocks                505        465              385              580 
 Avg farm prc ($/bu)         9.40       9.35     8.75 - 11.25     8.00 - 10.50 
                                    Million pounds 
SOYBEAN OIL 
Beginning stocks            1,711      1,711            2,176            2,316 
Production                 23,150     23,440           23,100           23,620 
Imports                       315        315              300              300 
Supply, total              25,176     25,466           25,576           26,236 
Domestic Disappearance     20,600     20,700           21,300           21,800 
Biodiesel                   6,800      6,900            7,300            7,800 
Food,Feed & Other 
            Industrial     13,800     13,800           14,000           14,000 
Exports                     2,400      2,450            2,100            2,200 
Use, total                 23,000     23,150           23,400           24,000 
Ending stocks               2,176      2,316            2,176            2,236 
Avg farm prc (c/lb)         30.50      30.25    29.50 - 33.50    28.00 - 32.00 
                                  Thousand short tons 
SOYBEAN MEAL 
Beginning stocks              401        401              300              400 
Production                 47,699     48,299           47,450           48,450 
Imports                       500        500              350              350 
Supply, total              48,600     49,200           48,100           49,200 
Domestic                   35,200     35,300           35,400           35,700 
Exports                    13,100     13,500           12,400           13,100 
Use, total                 48,300     48,800           47,800           48,800 
Ending stocks                 300        400              300              400 
Avg farm prc ($/s.t)       360.00     350.00  330.00 - 370.00  315.00 - 355.00 
============================================================================== 
 
 
 

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