Oil Crops Outlook: January 2012

Outlook No. (OCS-12a) 18 pp, January 2012

The final estimate of the 2011 U.S. soybean crop was 3.056 billion bushels based on a harvested acreage of 73.6 million acres and an average yield of 41.5 bushels per acre. USDA lowered its 2011/12 forecast of soybean exports by 25 million bushels this month to 1.275 billion while soybean crushing is forecast down 10 million bushels to 1.615 billion. Based on that lower use, season-ending soybean stocks on August 31 are expected at 275 million bushels.

Keywords: Soybean, meal prices

In this publication...

• U.S. Soybean Stocks To End Higher in 2011/12 With Lower Demand,   759 kb
• Table 1—Soybeans: U.S. supply and disappearance,   24 kb
• Table 2—Soybean meal: U.S. supply and disappearance ,   20 kb
• Table 3—Soybean oil: U.S. supply and disappearance,   20 kb

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Last updated: Wednesday, April 25, 2012

For more information contact: Mark Ash