Dec. 1 corn stocks down 17% from 2011

by Ron Sterk
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WASHINGTON — Following are the key numbers from today’s U.S. Department of Agriculture Grain Stocks, annual Crop Production, Winter Wheat Seedings and World Agricultural Supply and Demand Estimates. Check back later for the full story on each report.

Dec. 1, 2012, corn stocks: 8,030 million bus; average trade pre-estimate: 8,210 million bus; Dec. 1, 2011, corn stocks: 9,647 million bus.

Dec. 1, 2012, soybean stocks: 1,966 million bus; average trade pre-estimate: 1,984 million bus; Dec. 1, 2011, soybean stocks: 2,370 million bus.

Dec. 1, 2012, wheat stocks: 1,660 million bus; average trade pre-estimate: 1,674 million bus; Dec. 1, 2011, wheat stocks: 1,663 million bus.

Dec. 1, 2012, durum stocks: 61 million bus; Dec. 1, 2011, durum stocks: 48 million bus.

2012 U.S. corn production: 10,780 million bus; average trade pre-estimate: 10,626 million bus; November 2012 estimate: 10,725 million bus; final 2011 corn production: 12,360 million bus.

2012 U.S. average corn yield: 123.4 bus an acre; average trade pre-estimate: 122.4 bus an acre; November 2012 estimate: 122.3 bus an acre; final 2011 corn yield: 147.2 bus an acre.

2012 U.S. soybean production: 3,015 million bus; average trade pre-estimate: 2,999 million bus; November 2012 estimate: 2,971 million bus; final 2011 soybean production: 3,094 million bus.

2012 U.S. soybean yield: 39.6 bus an acre; average trade pre-estimate: 39.6 bus an acre; November 2012 estimate: 39.3 bus an acre; final 2011 soybean yield: 41.9 bus an acre.

All winter wheat seeded in 2012 for harvest in 2013 was estimated at 41.8 million acres; average trade pre-estimate: 42.6 million acres; all wheat seeded in 2011 for harvest in 2012 was 41.3 million acres.

Hard red: 29.1 million acres; average trade pre-estimate: 30.3 million acres; seeded in 2011 for harvest in 2012 was 29.9 million acres.

Soft red: 9.42 million acres; average trade pre-estimate: 8.9 million acres; seeded in 2011 for harvest in 2012 was 8.1 million acres.

White: 3.27 million acres; average trade pre-estimate: 3.5 million acres; seeded in 2011 for harvest in 2012 was 3.3 million acres.

U.S. corn carryover on Sept. 1, 2013: 602 million bus; average trade pre-estimate: 667 million bus; December U.S.D.A. carryover projection: 647 million bus; carryover on Sept. 1, 2012, was 989 million bus.

U.S. soybean carryover on Sept. 1, 2013: 135 million bus; average trade pre-estimate: 135 million bus; December U.S.D.A. carryover projection: 130 million bus; carryover on Sept. 1, 2012, was 169 million bus.

U.S. wheat carryover on June 1, 2013, was projected at 716 million bus; average trade pre-estimate: 743 million bus; December U.S.D.A. carryover projection: 754 million bus; carryover on June 1, 2012, was 743 million bus.
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