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USDA Supply/Demand : U.S. Soybeans And Products- Nov 9

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11/09/2017 | 06:16pm CEST
            U.S. Soybeans and Products Supply and Use (Domestic Measure) 
============================================================================== 
Item                           2016/2017                      2017/2018 
                             prev     Nov 9            prev            Nov 9 
============================================================================== 
SOYBEANS                                Million acres 
Area 
 Planted                     83.4       83.4             90.2             90.2 
 Harvested                   82.7       82.7             89.5             89.5 
                                       Bushels 
Yield per harvested 
 acre                        52.0       52.0             49.5             49.5 
                                     Million bushels 
 Beginning stocks             197        197              301              301 
 Production                 4,296      4,296            4,431            4,425 
 Imports                       22         22               25               25 
 Supply, total              4,515      4,515            4,757            4,752 
 Crushings                  1,899      1,899            1,940            1,940 
 Exports                    2,174      2,174            2,250            2,250 
 Seed                         105        105              101              101 
 Residual                      36         36               35               35 
 Use, total                 4,214      4,214            4,326            4,326 
 Ending stocks                301        301              430              425 
 Avg farm prc ($/bu)         9.47       9.47       8.35-10.05       8.45-10.15 
                                    Million pounds 
SOYBEAN OIL 
Beginning stocks            1,687      1,687            1,632            1,711 
Production                 22,020     22,099           22,505           22,505 
Imports                       325        319              300              300 
Supply, total              24,032     24,104           24,437           24,516 
Domestic Disappearance     19,850     19,837           20,800           20,800 
Biodiesel                   6,200      6,200            7,000            7,000 
Food,Feed & Other 
            Industrial     13,650     13,637           13,800           13,800 
Exports                     2,550      2,556            2,100            2,100 
Use, total                 22,400     22,393           22,900           22,900 
Ending stocks               1,632      1,711            1,537            1,616 
Avg farm prc (c/lb)         32.48      32.48      32.50-36.50      32.50-36.50 
                                  Thousand short tons 
SOYBEAN MEAL 
Beginning stocks              264        264              300              401 
Production                 44,636     44,733           46,100           46,099 
Imports                       350        349              300              300 
Supply, total              45,250     45,347           46,700           46,800 
Domestic                   33,300     33,345           34,200           34,300 
Exports                    11,650     11,601           12,200           12,200 
Use, total                 44,950     44,946           46,400           46,500 
Ending stocks                 300        401              300              300 
Avg farm prc ($/s.t)       316.88     316.88    290.00-330.00    295.00-335.00 
============================================================================== 
 
 
 

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