U.S. Soybeans and Products Supply and Use (Domestic Measure) 
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Item                           2016/2017                      2017/2018 
                             prev     Dec 12            prev            Dec 12 
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SOYBEANS                                Million acres 
Area 
 Planted                     83.4       83.4             90.2             90.2 
 Harvested                   82.7       82.7             89.5             89.5 
                                       Bushels 
Yield per harvested 
 acre                        52.0       52.0             49.5             49.5 
                                     Million bushels 
 Beginning stocks             197        197              301              301 
 Production                 4,296      4,296            4,425            4,425 
 Imports                       22         22               25               25 
 Supply, total              4,515      4,515            4,752            4,752 
 Crushings                  1,899      1,899            1,940            1,940 
 Exports                    2,174      2,174            2,250            2,225 
 Seed                         105        105              101              106 
 Residual                      36         36               35               35 
 Use, total                 4,214      4,214            4,326            4,306 
 Ending stocks                301        301              425              445 
 Avg farm prc ($/bu)         9.47       9.47     8.45 - 10.15     8.60 - 10.00 
                                    Million pounds 
SOYBEAN OIL 
Beginning stocks            1,687      1,687            1,711            1,711 
Production                 22,099     22,099           22,505           22,505 
Imports                       319        319              300              300 
Supply, total              24,104     24,104           24,516           24,516 
Domestic Disappearance     19,837     19,837           20,800           21,000 
Biodiesel                   6,200      6,200            7,000            7,500 
Food,Feed & Other 
            Industrial     13,637     13,637           13,800           13,500 
Exports                     2,556      2,556            2,100            1,900 
Use, total                 22,393     22,393           22,900           22,900 
Ending stocks               1,711      1,711            1,616            1,616 
Avg farm prc (c/lb)         32.48      32.48    32.50 - 36.50    32.50 - 36.50 
                                  Thousand short tons 
SOYBEAN MEAL 
Beginning stocks              264        264              401              401 
Production                 44,733     44,733           46,099           46,099 
Imports                       349        349              300              300 
Supply, total              45,347     45,347           46,800           46,800 
Domestic                   33,345     33,345           34,300           34,300 
Exports                    11,601     11,601           12,200           12,200 
Use, total                 44,946     44,946           46,500           46,500 
Ending stocks                 401        401              300              300 
Avg farm prc ($/s.t)       316.88     316.88  295.00 - 335.00  295.00 - 335.00 
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(END) Dow Jones Newswires

December 12, 2017 12:15 ET (17:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.