GRAIN | AGRONOMY | FEED | HEATING CORN | GRAIN PRICES
Grain Reports
December 11, 2008
www.countryhedging.com
USDA U.S. Grain Carryour (in billion bushels)
Dec 2008-09 |
Average |
Range |
Nov 2008-09 |
|
| Wheat | 0.623 |
0.595 |
0.575-0.606 |
0.603 |
| Corn | 1.474
|
1.238
|
1.124-1.40
|
1.124
|
| Soybeans | 0.205
|
0.202 |
0.190-0.215 |
0.205 |
USDA World Grain Carryout (in million tonnes)
Dec 2008-09 |
Nov 2008-09 |
Dec 2007-08 |
Nov 2007-08 |
|
| Soybeans | 54.19 |
54.06 |
53.10 |
53.04 |
| Corn | 123.80 |
110.12 |
127.80 |
126.47 |
| Wheat | 147.40
|
145.25
|
119.36
|
119.39
|
USDA World Grain Production (in million tonnes)
Dec 2008-09 |
Nov 2008-09 |
Nov 2007-08 |
|
| China Corn | 160.00 |
156.00 |
152.30 |
| South Africa Corn | 10.50 |
11.50 |
12.50 |
| Argentina Corn | 18.00 |
18.00 |
20.85 |
| Brazil Corn | 53.50 |
55.00 |
58.60 |
| Australia Wheat | 20.00 |
20.00 |
13.04 |
| Argentina Wheat | 10.50 |
11.00 |
16.30 |
| EU 27 Wheat | 150.90 |
150.60 |
119.43 |
| China Wheat | 113.00 |
113.00 |
109.30 |
| Canada Wheat | 28.61 |
27.30 |
20.05 |
| Brazil Soybeans | 59.00 |
60.00 |
61.00 |
| Argentina Soybeans | 50.50 |
50.50 |
46.20 |
| China Soybeans | 16.80 |
16.80 |
14.00 |
Early Call-
Corn - 8-12 lower, increased US stocks and Chinese production
Soybeans - 5 lower following corn
Wheat - 5 lower, following corn