2/9/2007

  USDA Supply/Demand (mb)

WHEAT

USDA

USDA

USDA

04/05

05/06

06/07

Planted

59.7

57.2

57.3

Harvested

50.0

50.1

46.8

Yield

43.2

42.0

38.7

Carryin

546

540

571

Production

2158

2105

1812

Supply

2775

2727

2488

Food

910

915

925

Exports

1066

1009

900

Feed/Seed

260

231

225

Demand

2235

2155

2050

Carryout

540

571

438

Carryout/Use %

24.2

26.5

21.4

Price

$3.40

$3.42

$4.20

range

$4.30

World Carryover

151.21

146.93

120.80

CORN

USDA

USDA

USDA

04/05

05/06

06/07

Planted

80.9

81.8

78.6

Harvested

73.6

75.1

70.6

Yield

160.4

148.

149.1

Carryin

958

2114

1967

Production

11807

11114

10535

Supply

12776

13237

12512

Feed

6158

6141

5975

Exports

1818

2147

2250

Ethanol

1323

1603

2150

Other Industrial

1363

1379

1385

Demand

10662

11270

11760

Carryout

2114

1967

752

Carryout/Use %

19.8

17.5

6.4

Price

$2.06

$2.00

$3.00

range

$3.4

World Carryover

130.61

124.52

87.95

SOYBEANS

USDA

USDA

USDA

04/05

05/06

06/07

Planted

75.2

72.0

75.5

Harvested

74.0

71.3

74.6

Yield

42.2

43.0

42.7

Carryin

112

256

449

Production

3124

3063

3188

Supply

3242

3322

3642

Crush

1696

1739

1780

Exports

1097

947

1100

Seed/Other

192

187

166

Demand

2986

2873

3046

Carryout

256

449

595

Carryout/Use %

8.6

15.6

19.5

Price

$5.74

$5.66

$5.90

range

$6.5

World Carryover

48.16

52.33

57.43