Oil Crops Outlook: May 2012
by
Mark AshOutlook No. (OCS-12e) 21 pp, May 2012
Using a long-term yield trend of 43.9 bushels per acre and an estimated harvested area
of 73 million acres, the U.S. soybean crop for 2012 is projected up 5 percent to 3.205
billion bushels. Fast early shipments are forecast to raise U.S. soybean exports for
2012/13 to a record 1.505 billion bushels. Season-ending soybean stocks are projected
at 145 million bushels—near an all-time low as a percentage of total use. Another
record high could be set in 2012/13 for the U.S. soybean farm price at $12 to $14
per bushel.
Keywords: Soybean S&D, Soybean meal, soybean oil, cottonseed, cottonseed oil, peanuts, oilseed prices, vegetable meal prices
In this publication...
- Entire report,
175 kb
- Table 1-Soybeans: U.S. supply and disappearance,
23 kb
- Table 2-Soybean meal: U.S. supply and disappearance,
20 kb
- Table 3-Soybean oil: U.S. Supply and disappearance,
20 kb
- Table 4-Cottonseed: U.S. Supply and disappearance,
18 kb
- Table 5-Cottonseed meal: U.S. supply and disappearance,
19 kb
- Table 6-Cottonseed oil: U.S. supply and disappearance,
19 kb
- Table 7-Peanuts: U.S. supply and disappearance,
20 kb
- Table 8-Oilseeds prices received by U.S. farmers,
29 kb
- Table 9-U.S. vegetable oil and fats prices,
23 kb
- Table 10-U.S. oilseed meal prices,
23 kb
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