u.s. wheat · pdf fileu.s. wheat ending stocks by classu.s. wheat ending stocks by class...
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U.S. WHEAT PRODUCTIONU.S. WHEAT PRODUCTIONPlanted Harvested Yield Production Acres-BushelsPlanted Harvested Yield Production
1998 65.9 59 43.2 2,550
1999 62.7 53.8 42.7 2,299
2000 62.6 53.1 42 2,232
Acres Bushels
2001 59.6 48.6 40.2 1,957
2002 60.3 45.8 35 1,606
2003 62.1 53.1 44.2 2,345
2004 59 7 50 43 2 2 1582004 59.7 50 43.2 2,158
2005 57.2 50.1 42 2,105
2006 57.3 46.8 38.7 1,812
2007 60.4 51 40.2 2,051
2008 63.2 55.7 44.9 2,500
2009 59.1 49.9 44.4 2,216
2010 53.6 47.6 46.4 2,208
Proj 2011 58.0 48.0 42.5 2,043Proj 2011 58.0 48.0 42.5 2,043
10 Yr Avg 58.7 50.2 42.9 2,158
5 Yr Avg 59.3 49.9 41.9 2,096
Source: USDA May 2011xldata/USW/acres
U.S. WHEAT PLANTINGS & PRODUCTIONU.S. WHEAT PLANTINGS & PRODUCTIONAcres/B shelsAcres/B shelsAcres/BushelsAcres/Bushels
Million Acres Million Bushels
280080
Planted Harvested Production
1400
2100
40
60
0
700
0
20
00
98 99 00 01 02 03 04 05 06 07 08 09 10 Proj 11
Source: USDA May 2011Xldata/USW/acres
U.S. WHEAT SUPPLY & DEMAND U.S. WHEAT SUPPLY & DEMAND Million BushelsMillion Bushels
06-07 07-08 08-09 09-10 Est10 11
Proj11 12
Change10-11 11-12
Beg Stocks 571 456 306 657 976 839 -14%
Production 1,808 2,051 2,499 2,218 2,208 2,043 -7%, , , , , ,
Imports 122 113 127 119 110 110 0%
Tot Supply 2,501 2,620 2,932 2,993 3,294 2,992 -9%
Dom Use 1,137 1,050 1,260 1,137 1,180 1,240 5%
Exports 908 1,263 1,015 881 1,275 1,050 -18%
Tot Use 2,045 2,314 2,275 2,018 2,455 2,290 -7%
End Stocks 456 306 657 976 839 702 -16%
S/U Ratio 22% 13% 29% 48% 34% 31%S/U Ratio 22% 13% 29% 48% 34% 31%
Source: USDA May 2011Xldata/USW/S&D
U.S. WHEAT PLANTED AREAU.S. WHEAT PLANTED AREAsince 1990since 1990
Million Acres Million Hectares
30
368090
Winter Wheat Spring Wheat Durum
Million Acres Million Hectares
18
24
30
506070
6
12
18
203040
0
6
010
90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10oj
11
Pro
USDA April 2011
EXPORT PACE FOR U.S. WHEATEXPORT PACE FOR U.S. WHEAT(Shipments and Sales as of April 28, 2011)(Shipments and Sales as of April 28, 2011)(Shipments and Sales as of April 28, 2011)(Shipments and Sales as of April 28, 2011)
Million BushelsMillion Bushels
CLASS 09/10 PACE 10/11 PACE % CHANGE
Hard Red Winter 314 614 +95%
Soft Red Winter 105 105 0%Soft Red Winter 105 105 0%
Hard Red Spring 205 337 +64%
White 147 192 +30%
Durum 37 36 -3%
TOTAL 809 1,284 +59%
EXPORT PACE FOR U.S. WHEATEXPORT PACE FOR U.S. WHEAT(Shipments and Sales as of April 28, 2011)(Shipments and Sales as of April 28, 2011)
16 319.0
600700
09-10 Pace 10-11 PaceMillion Bushels Million Tons
8 210.913.616.3
300400500600
0 02.75.48.2
0100200300
0.00
HRW SRW HRS WHITE DURUM
5/11/11
U.S. WHEAT SUPPLY BY CLASSU.S. WHEAT SUPPLY BY CLASSU.S. WHEAT SUPPLY BY CLASSU.S. WHEAT SUPPLY BY CLASS
Milli B h lMillion Bushels Million Tons
43.51600Production Begin Stocks
21.8
32.6
800
1200
0 0
10.9
0
400
0.00
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
P P P P P
U.S. WHEAT ENDING STOCKS BY CLASSU.S. WHEAT ENDING STOCKS BY CLASSU.S. WHEAT ENDING STOCKS BY CLASSU.S. WHEAT ENDING STOCKS BY CLASS
Million Bushels Million Tons
10.9
13.6
400
500
06 07
8.2300
06-07
07-08
08-09
09 10
2.7
5.4
100
200 09-10
Proj 10-11
0.00
HRW HRS SRW SW Durum
5/11/11
U.S. WHEAT USE BY CLASSU.S. WHEAT USE BY CLASSU.S. WHEAT USE BY CLASSU.S. WHEAT USE BY CLASS
331200
Exports Domestic UseMillion Bushels Million Tons
24
33
900
1200
8
16
300
600
0
8
0
300
7 9 1 7 9 1 7 9 1 7 9 1 7 8 1
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
08-0
9
Proj
10-
11
06-0
7
07-0
8
Proj
10-
11
U.S. HARD RED WINTER WHEAT U.S. HARD RED WINTER WHEAT &&SUPPLY & DEMAND SUPPLY & DEMAND Million TonsMillion Tons
05/06 06/07 07/08 08-09 09-10 Proj Change05/06 06/07 07/08 08-09 09-10 Proj10-11
Change
BegStocks
5.3 5.9 4.5 3.8 6.9 10.5 52%
Production
25.3 18.6 26.0 28.2 25.0 27.7 11%
Tot Supply
30.6 24.4 30.5 32.0 32.0 38.2 19%
Dom Use 13.0 12.3 12.1 12.8 11.5 12.5 9%
Exports 1.7 7.6 14.6 12.2 10.1 16.9 68%
Tot Use 24.7 20.0 26.8 25.0 21.5 29.4 36%
End Stocks
5.9 4.5 3.8 6.9 10.5 8.8 -16%
S/U Ratio
24% 23% 14% 28% 49% 30%Ratio
Source: USDA May 2011Xldata/USW/S&D
U.S. SOFT WHITE WHEAT SUPPLY & U.S. SOFT WHITE WHEAT SUPPLY & DEMAND DEMAND Million TonsMillion Tons
05/06 06/07 07/08 08-09 09-10 Proj Change/ / / j10-11
g
BegStocks
1.7 2.1 1.2 1.0 1.7 2.2 25%
P d iProduction
8.1 6.9 6.0 6.9 6.5 7.5 16%
Tot Supply
10.1 9.3 7.5 8.2 8.4 9.9 17%
Dom Use 3.2 2.7 1.9 2.7 2.4 2.7 16%
Exports 4.8 5.4 4.6 3.7 3.9 4.9 26%
Tot Use 8.0 8.1 6.5 6.4 6.3 7.6 22%
End Stocks
2.1 1.2 1.0 1.7 2.2 2.3 4%
S/U Ratio
27% 15% 16% 27% 35% 30%
Source: USDA May 2011Xldata/USW/S&D
U.S. SOFT RED WINTER WHEAT U.S. SOFT RED WINTER WHEAT &&SUPPLY & DEMAND SUPPLY & DEMAND Million TonsMillion Tons
05/06 06/07 07/08 08-09 09-10 Proj10-11
Change
BegStocks
2.4 2.9 3.0 1.5 4.7 6.6 42%Stocks
Production 8.4 10.6 9.6 16.7 11.0 6.5 -41%
Tot Supply
11.5 14.0 12.9 19.1 16.5 13.9 -16%
Dom Use 6.6 7.1 5.7 9.0 7.0 6.6 -6%
Exports 2.1 4.0 5.7 5.4 3.0 2.9 -4%
Tot Use 8.7 11.1 11.4 14.5 9.9 9.4 -5%
End Stocks
2.9 3.0 1.5 4.7 6.6 4.5 -32%
S/U Ratio 33% 27% 13% 32% 66% 47%
Source: USDA May 2011Xldata/USW/S&D