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12:00 P.M. United States Department of Agriculture National Agricultural Statistics Service Prospective Plantings Grain Stocks Rice Stocks Executive Summary Lance Honig, Chief Crops Branch March 31, 2016

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Page 1: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

12:00 P.M.

United States Department of Agriculture

National Agricultural Statistics Service

Prospective Plantings

Grain Stocks

Rice Stocks

Executive Summary

Lance Honig, Chief

Crops Branch

March 31, 2016

Page 2: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Field Crops Stocks

Principal Crops Planted Acres Corn

Feed Grain Acres Soybeans

Food Grain Acres Sorghum

Oilseed Acres All Wheat

Other Crop Acres Barley

Oats

Rough Rice

Contents

Page 3: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

March Ag Survey Off-Farm Grain

Stock Survey

Survey Type Farmer Reported Reported

Collection Method Mail, Phone, Internet,

Personal Interview

Mail, Phone, Internet,

Personal Interview

Crops Included Acreage Intentions,

On-Farm Stocks

Grains and Oilseed

On Hand

States All except AK and HI All except AK, HI, and

NV

Sample Size 83,374 ~ 8,600 Facilities

Collection Period Feb 22– Mar 17 Feb 22 – Mar 17

Survey Overview

Page 4: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

0

10

20

30

40

50

60

70

80

90

100

Percent

Acreage Intentions vs. Actual Planted AcresUsual Planting Progress

Corn Soybeans

March Survey

June Survey

4 weeks

USDA-NASS

3-31-16

Page 5: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

Year Principal Crops Change From

Previous Year

Million Acres

2007 320.4 +4.7

2008 325.6 +5.3

2009 319.0 -6.6

2010 315.4 -3.6

2011 314.3 -1.1

2012 324.3 +10.0

2013 324.9 +0.6

2014 326.4 +1.6

2015 318.5 -7.9

2016 317.3 -1.2

Principal Crops Planted Acreage United States

USDA-NASS

3-31-16

Page 6: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

317

290

295

300

305

310

315

320

325

330

335

340

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresPrincipal Crops

United States

Planted HarvestedUSDA-NASS

3-31-16

Page 7: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 8: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 9: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

W Wheat, -3,245

S Wheat, -1,899

Sorghum, -1,243

Barley, -418

Soybeans, -414

Oats, -337

Dry Beans, -205

Sunflowers, -166

Peanuts, -149

Hay, -132

Potatoes, -70

Canola, -30

Tobacco, -12

Sugarbeets, -0.2

D Wheat, 59

Rice, 450

Cotton, 982

Corn, 5,602

Change in Planted Acres (000) 2016 Compared With 2015

Harvested Acres for Hay & Tobacco

2016 Estimates Not Available for Proso Millet, Rye, & Sugarcane.

Page 10: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

93.6

60.0

65.0

70.0

75.0

80.0

85.0

90.0

95.0

100.0

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresCorn AcresUnited States

Planted HarvestedUSDA-NASS

3-31-16

Page 11: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 12: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

82.2

50.0

55.0

60.0

65.0

70.0

75.0

80.0

85.0

90.0

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresSoybean Acres

United States

Planted HarvestedUSDA-NASS

3-31-16

Page 13: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 14: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 15: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

9.56

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresAll Cotton Acres

United States

Planted HarvestedUSDA-NASS

3-31-16

NASS Estimate

Low Of Expectations

Average Of Expectations

High Of Expectations

Page 16: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 17: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

36.2

25.0

30.0

35.0

40.0

45.0

50.0

55.0

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresWinter Wheat Acres

United States

Planted HarvestedUSDA-NASS

3-31-16

Page 18: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 19: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

11.3

10.0

12.0

14.0

16.0

18.0

20.0

22.0

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresOther Spring Wheat Acres

United States

Planted HarvestedUSDA-NASS

3-31-16

Page 20: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 21: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

2.00

1.00

1.50

2.00

2.50

3.00

3.50

4.00

4.50

1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

Million AcresDurum Wheat Acres

United States

Planted HarvestedUSDA-NASS

3-31-16

Page 22: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 23: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

% Change % Change

From From

March Previous Previous

2016 Forecast Season

Feed Grains

Corn Mil Ac 93.6 NA +6.4

Sorghum Mil Ac 7.22 NA -14.7

Oats Mil Ac 2.75 NA -10.9

Barley Mil Ac 3.14 NA -11.7

Crop Unit

March 2016 Prospective Plantings

Page 24: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

% Change % Change

From From

March Previous Previous

2016 Forecast Season

Food Grains

Wheat, All Mil Ac 49.6 NA -9.3

Wheat, Winter Mil Ac 36.2 -1.1 -8.2

Wheat, Spring Mil Ac 11.3 NA -14.3

Wheat, Durum Mil Ac 2.00 NA +3.0

Rice Mil Ac 3.06 NA +17.2

Crop Unit

March 2016 Prospective Plantings

Page 25: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

% Change % Change

From From

March Previous Previous

2016 Forecast Season

Oilseeds

Soybeans Mil Ac 82.2 NA -0.5

Peanuts Mil Ac 1.48 NA -9.2

Sunflower Mil Ac 1.69 NA -8.9

Canola Mil Ac 1.75 NA -1.7

Flaxseed Thou Ac 390 NA -15.8

All Cotton Mil Ac 9.56 NA +11.4

Crop Unit

March 2016 Prospective Plantings

Page 26: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

March 2016 Prospective Plantings

% Change % Change

From From

March Previous Previous

2016 Forecast Season

Other Crops

All Hay Mil Ac 54.3 NA -0.2

Sugarbeets Mil Ac 1.16 NA -<0.1

Tobacco Thou Ac 314 NA -3.7

Spring Potatoes Thou Ac 55.0 NA -21.5

Dry Edible Beans Mil Ac 1.56 NA -11.6

Chickpeas Thou Ac 246 NA +18.6

Lentils Thou Ac 850 NA +72.4

Dry Edible Peas Mil Ac 1.42 NA +24.5

A. Winter Peas Thou Ac 31.0 NA -8.8

Sweet Potatoes Thou Ac 169 NA +8.0

Crop Unit

Page 27: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

% Change % Change

From From

March Previous Previous

2016 Estimate Year

Stocks

Corn Bil Bu 7.81 NA +0.8

Soybeans Bil Bu 1.53 NA +15.4

Sorghum Mil Bu 201 NA +67.5

Rice Mil Cwt 108 NA -4.1

Crop Unit

March 2016 Grain Stocks

Page 28: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

% Change % Change

From From

March Previous Previous

2016 Estimate Year

Stocks

Wheat, All Bil Bu 1.37 NA +20.3

Barley Mil Bu 137 NA +16.0

Oats Mil Bu 75.3 NA +26.7

Crop Unit

March 2016 Grain Stocks

Page 29: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

12.5

14.3

13.7

14.7

14.1

13.4

11.7

14.7

15.4 15.3

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16

Billion BushelsCorn Stocks

United States

Supply Dec Mar Jun SepUSDA-NASS

3-31-16

Page 30: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

3.65

3.253.17

3.50 3.48

3.313.21

3.50

4.024.12

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

4.50

06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16

Billion BushelsSoybean Stocks

United States

Supply Dec Mar Jun SepUSDA-NASS

3-31-16

Page 31: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

2.38

2.51

2.822.87

3.14

2.86

2.99

2.85

2.62

2.80

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16

Billion BushelsAll Wheat Stocks

United States

Supply Sep Dec Mar JunUSDA-NASS

3-31-16

Page 32: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

232 233228

245

262

211

235

220

249

235

0

50

100

150

200

250

300

06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16

Million HundredweightRough Rice Stocks

United States

Supply Dec Mar Jun AugUSDA-NASS

3-31-16

Page 33: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Page 34: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

USDA-NASS

3-31-16

Release Date Report Title

April 1

CAIR: Cotton System

CAIR: Fats & Oils

CAIR: Grain Crushings

April 12 Crop Production

April 22 Cattle on Feed

April 29 Agricultural Prices

May 2

CAIR: Cotton System

CAIR: Fats & Oil

CAIR: Flour Milling

CAIR: Flour Milling- Annual

CAIR: Grain Crushings

Upcoming Reports

Page 35: United States Department of Agriculture National ...€¦ · March Previous Previous 2016 Forecast Season Food Grains Wheat, All Mil Ac 49.6 NA -9.3 Wheat, Winter Mil Ac 36.2 -1.1

United States Department of Agriculture

National Agricultural Statistics Service

All Reports Available At www.nass.usda.gov

For Questions 202-720-2127

800-727-9540

[email protected]