From WILL - Ag USDA Reports - February 22, 2008

USDA 2008 Economic Outlook Forum Soybean Supply and Demand Estimates, released February 22, 2008

USDA 2008 Economic Outlook Forum Soybean Supply and Demand Estimates (released February 22, 2008)
released February 22, 2008
- USDA 2008/09 Estimate Change from 2007/08 USDA 2007/08 (From February USDA NASS and WASDE Reports USDA 2006/07 February Informa - Released February 22 Congressional Budget Office Pro Farmer
Planted Acres 71.0 +7,4 63.6 75.5 68.97 70.3 71.0
Harvested Acres 70.1 +7.3 62.8 74.6 - - -
Yield 42.1 -.9 41.2 42.7 - - -
Production 2,950 +365 2,585 3,188 - - -
Beginning Stocks 160 -414 574 449 - - -
Crush 1,860 +25 1,835 1,806 - - -
Total Domestic Use 2,307 +307 2,000 1,955 - - -
Exports 910 -95 1,005 1,118 - - -
Total Use 2,947 -58 3,005 3,073 - - -
Ending Stocks 169 +9 160 574 - - -
Season Average Farm Price 11.50 +1.10 10.40 6.43 - - -
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