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USDA Supply/Demand : U.S. Soybeans And Products- Mar 8

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03/08/2018 | 06:16pm CEST
          U.S. Soybeans and Products Supply and Use (Domestic Measure) 
======================================================================== 
Item                          2016/17                   2017/18 
                           prev   Mar 8          prev          Mar 8 
======================================================================== 
SOYBEANS                                Million acres 
Area 
 Planted                   83.4    83.4            90.1            90.1 
 Harvested                 82.7    82.7            89.5            89.5 
                                        Bushels 
Yield per harvested 
 acre                      52.0    52.0            49.1            49.1 
                                      Million bushels 
 Beginning stocks           197     197             302             302 
 Production               4,296   4,296           4,392           4,392 
 Imports                     22      22              25              25 
 Supply, total            4,515   4,515           4,718           4,718 
 Crushings                1,899   1,901           1,950           1,960 
 Exports                  2,174   2,174           2,100           2,065 
 Seed                       105     105             106             106 
 Residual                    36      34              33              33 
 Use, total               4,213   4,213           4,188           4,163 
 Ending stocks              302     302             530             555 
 Avg farm prc ($/bu)       9.47    9.47     8.90 - 9.70     9.00 - 9.60 
                                    Million pounds 
SOYBEAN OIL 
Beginning stocks          1,687   1,687           1,711           1,711 
Production               22,099  22,123          22,525          22,640 
Imports                     319     319             300             300 
Supply, total            24,104  24,129          24,536          24,651 
Domestic Disappearance   19,837  19,862          21,100          21,000 
Biodiesel                 6,200   6,200           7,500           7,200 
Food, Feed & 
 other industrial        13,637  13,661          13,600          13,800 
Exports                   2,556   2,556           1,900           1,900 
Use, total               22,393  22,418          23,000          22,900 
Ending stocks             1,711   1,711           1,536           1,751 
Avg farm prc (c/lb)       32.48   32.48   31.00 - 34.00   30.00 - 33.00 
                                  Thousand short tons 
SOYBEAN MEAL 
Beginning stocks            264     264             401             401 
Production               44,733  44,787          46,099          46,299 
Imports                     349     349             300             300 
Supply, total            45,347  45,400          46,800          47,000 
Domestic Disappearance   33,345  33,399          34,300          34,300 
Exports                  11,601  11,601          12,200          12,400 
Use, total               44,946  45,000          46,500          46,700 
Ending stocks               401     401             300             300 
Avg Farm prc ($/s.t.)    316.88  316.88 305.00 - 335.00 325.00 - 355.00 
======================================================================== 
 
 
 

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