Oil Crops Outlook, August 2011.
(05/01/2014)
USDA's first objective yield survey this month of the 2011 soybean crop indicated a U.S. average yield of 41.4 bushels per acre. Coupled with a decline in the U.S. harvested acreage estimate to 73.8 million acres, 2011 soybean production is forecast down 169 million bushels to 3.056 billion. Soybean exports for 2011/12 are seen down 95 million bushels this month to 1.4 billion and significantly below the level of the last 2 years. Despite a prospective reduction in exports and domestic crush, season-ending soybean stocks for 2011/12 may fall to 155 million bushels from last month's forecast of 175 million....
Tác giả: NTIS |
Số trang: 5 |
Lĩnh vực: Nông nghiệp |
Năm XB: 2011 |
Loại tài liệu: Khác
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Oil Crops Outlook, August 2011. | Số trang: 5
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USDA's first objective yield survey this month of the 2011 soybean crop indicated a U.S. average yield of 41.4 bushels per acre. Coupled with a decline in the U.S. harvested acreage estimate to 73.8 million acres, 2011 soybean production is forecast down 169 million bushels to 3.056 billion. Soybean exports for 2011/12 are seen down 95 million bushels this month to 1.4 billion and significantly below the level of the last 2 years. Despite a prospective reduction in exports and domestic crush, season-ending soybean stocks for 2011/12 may fall to 155 million bushels from last month's forecast of 175 million. Brazil produced a record soybean crop in 2010/11 of 75.5 million tons, which is raised 1 million tons from last month's estimate based on the latest harvest results. The upward adjustment in Brazil's historical yield trend for soybeans improves the new-crop outlookraising the 2011/12 crop projection by 1 million tons to 73.5 million. While the forecast of Brazil's 2010/11 soybean exports is lowered this month (to 29.9 million tons), they are forecast up 2.5 million for 2011/12 to 36.5 million tons based on a record supply.
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