Corn Soybeans Soybean Meal Soybean Oil Wheat By
Corn Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Feed/Residual Food/Seed/Industrial Ethanol Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price (c/lb.)
Dec 12 2016/17 94.0 86.7 174.6 1737 15148 57 16942 5463 6891 5439 12354 2293 14647 2295 15.7% 3.36
Jan 12 2016/17 Change 94.0 0.0 86.7 0.0 174.6 0.0 1737 0 15148 0 57 0 16942 0 5467 4 6889 -2 5439 0 12356 2 2293 0 14649 2 2293 -2 15.7% 3.36
Dec 12 2017/18 90.4 83.1 175.4 2295 14578 50 16922 5575 6985 5525 12560 1925 14485 2437 16.8% 2.85-3.55
Jan 12 2017/18 90.2 82.7 176.6 2293 14604 50 16947 5550 6995 5525 12545 1925 14470 2477 17.1% 2.95-3.55
Soybeans Change -0.2 -0.4 1.2 -2 26 0 25 -25 10 0 -15 0 -15 40
Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Crush Exports Seed Residual Total Use Ending Stocks Stocks/Use Ratio Avg.Farm Price ($/bu.)
Soybean Meal Soybean Oil Beginning Stocks Production Imports Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Dec 12 2016/17 1687 22099 319 24104 19837 2556 22393 1711 7.6% 32.48
Jan 12 2016/17 Change 1687 0 22099 0 319 0 24104 0 19837 0 2556 0 22393 0 1711 0 7.6% 32.48
Dec 12 2017/18 1711 22505 300 24516 21000 1900 22900 1616 7.1% 32.5-36.5
Jan 12 2017/18 1711 22525 300 24536 21100 1900 23000 1536 6.7% 32-35
Change 0 20 0 20 100 0 100 -80
Beginning Stocks Production Imports Total Supply Domestic Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Wheat By Class All Wheat Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Food Seed Feed/Residual Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price ($/bu.)
Dec 12 2016/17 50.1 43.9 52.7 976 2309 118 3402 949 61 156 1167 1055 2222 1181 53.2% 3.89
Jan 12 Dec 12 2016/17 Change 2017/18 50.1 0 46.0 43.9 0 37.6 52.7 0 46.3 976 0 1181 2309 0 1741 118 0 150 3402 0 3071 949 0 950 61 0 66 156 0 120 1167 0 1136 1055 0 975 2222 0 2111 1181 0 960 53.2% 45.5% 3.89 4.50-4.70
Jan 12 2017/18 46.0 37.6 46.3 1181 1741 155 3076 950 62 100 1112 975 2087 989 47.4% 4.50-4.70
Change 0 0 0 0 0 5 5 0 -4 -20 -24 0 -24 29
This material has been prepared by a sales or trading employee or agent of CHS Hedging, LLC. and should be considered a solicitation. This communication may contain privileged and/or confidential information and is intended only for the use of the individual or entity to which it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution, and/or use of this communication is strictly prohibited. CHS Hedging, LLC. makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. There is a risk of loss when trading commodity futures and options.
Dec 12 Jan 12 Dec 12 Jan 12 2016/17 2016/17 Change 2017/18 2017/18 Change 83.4 83.4 0.0 90.2 90.1 -0.1 82.7 82.7 0.0 89.5 89.5 0.0 52.0 52.0 0.0 49.5 49.1 -0.4 197 197 0 301 302 1 4296 4296 0 4425 4392 -33 22 22 0 25 25 0 4515 4515 0 4752 4718 -34 1899 1899 0 1940 1950 10 2174 2174 0 2225 2160 -65 105 105 0 106 106 0 36 36 0 35 33 -2 4214 4213 -1 4306 4248 -58 301 302 1 445 470 25 7.1% 7.2% 10.3% 11.1% 9.47 9.47 8.60-10.008.80-9.80 Dec 12
Jan 12
Dec 12
Jan 12
2016/17 2016/17 Change 2017/18 2017/18 Change 264 264 0.0 401 401 0.0 44733 44733 0.0 4609 46099 41490.0 349 349 0.0 300 300 0.0 45347 45347 0.0 46800 46800 0.0 33345 33345 0.0 34300 34300 0.0 11601 11601 0.0 12200 12200 0.0 44946 44946 0.0 46500 46500 0.0 401 401 0.0 300 300 0.0 0.9% 0.9% 0.6% 0.6% 316.88 316.88 295-335 295-335 Hard
Hard
Soft
Projected 2017/2018 Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Winter 589 750 1,346 457 405 862 484 56.1%
Spring 235 385 695 272 245 517 178 34.4%
Red 215 292 527 206 90 296 231 78.0%
White 105 258 370 94 215 309 61 19.7%
Durum 36 55 138 83 20 103 35 34.0%
Total 1,180 1,740 3,076 1,112 975 2,087 989 47.4%
Change from previous month Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Hard Winter
Hard Spring
Soft Red
White
Durum
Total
0 0 1 -13 0 -13 14 0.02
0 0 2 1 -10 -9 11 0.03
0 0 0 -6 5 -1 1 0.01
0 0 0 -1 5 4 -4 -0.02
0 0 2 -5 0 -5 7 0.08
0 0 5 -24 0 -24 29 0.02
Dec 12 2016/17 94.0 86.7 174.6 1737 15148 57 16942 5463 6891 5439 12354 2293 14647 2295 15.7% 3.36
Jan 12 2016/17 Change 94.0 0.0 86.7 0.0 174.6 0.0 1737 0 15148 0 57 0 16942 0 5467 4 6889 -2 5439 0 12356 2 2293 0 14649 2 2293 -2 15.7% 3.36
Dec 12 2017/18 90.4 83.1 175.4 2295 14578 50 16922 5575 6985 5525 12560 1925 14485 2437 16.8% 2.85-3.55
Jan 12 2017/18 90.2 82.7 176.6 2293 14604 50 16947 5550 6995 5525 12545 1925 14470 2477 17.1% 2.95-3.55
Soybeans Change -0.2 -0.4 1.2 -2 26 0 25 -25 10 0 -15 0 -15 40
Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Crush Exports Seed Residual Total Use Ending Stocks Stocks/Use Ratio Avg.Farm Price ($/bu.)
Soybean Meal Soybean Oil Beginning Stocks Production Imports Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Dec 12 2016/17 1687 22099 319 24104 19837 2556 22393 1711 7.6% 32.48
Jan 12 2016/17 Change 1687 0 22099 0 319 0 24104 0 19837 0 2556 0 22393 0 1711 0 7.6% 32.48
Dec 12 2017/18 1711 22505 300 24516 21000 1900 22900 1616 7.1% 32.5-36.5
Jan 12 2017/18 1711 22525 300 24536 21100 1900 23000 1536 6.7% 32-35
Change 0 20 0 20 100 0 100 -80
Beginning Stocks Production Imports Total Supply Domestic Exports Total Use Ending Stocks Stocks/Use ratio Avg. Farm Price (c/lb.)
Wheat By Class All Wheat Planted Acres Harvested Acres Yield Beginning Stocks Production Imports Total Supply Food Seed Feed/Residual Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio Avg. Farm Price ($/bu.)
Dec 12 2016/17 50.1 43.9 52.7 976 2309 118 3402 949 61 156 1167 1055 2222 1181 53.2% 3.89
Jan 12 Dec 12 2016/17 Change 2017/18 50.1 0 46.0 43.9 0 37.6 52.7 0 46.3 976 0 1181 2309 0 1741 118 0 150 3402 0 3071 949 0 950 61 0 66 156 0 120 1167 0 1136 1055 0 975 2222 0 2111 1181 0 960 53.2% 45.5% 3.89 4.50-4.70
Jan 12 2017/18 46.0 37.6 46.3 1181 1741 155 3076 950 62 100 1112 975 2087 989 47.4% 4.50-4.70
Change 0 0 0 0 0 5 5 0 -4 -20 -24 0 -24 29
This material has been prepared by a sales or trading employee or agent of CHS Hedging, LLC. and should be considered a solicitation. This communication may contain privileged and/or confidential information and is intended only for the use of the individual or entity to which it is addressed. If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution, and/or use of this communication is strictly prohibited. CHS Hedging, LLC. makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. There is a risk of loss when trading commodity futures and options.
Dec 12 Jan 12 Dec 12 Jan 12 2016/17 2016/17 Change 2017/18 2017/18 Change 83.4 83.4 0.0 90.2 90.1 -0.1 82.7 82.7 0.0 89.5 89.5 0.0 52.0 52.0 0.0 49.5 49.1 -0.4 197 197 0 301 302 1 4296 4296 0 4425 4392 -33 22 22 0 25 25 0 4515 4515 0 4752 4718 -34 1899 1899 0 1940 1950 10 2174 2174 0 2225 2160 -65 105 105 0 106 106 0 36 36 0 35 33 -2 4214 4213 -1 4306 4248 -58 301 302 1 445 470 25 7.1% 7.2% 10.3% 11.1% 9.47 9.47 8.60-10.008.80-9.80 Dec 12
Jan 12
Dec 12
Jan 12
2016/17 2016/17 Change 2017/18 2017/18 Change 264 264 0.0 401 401 0.0 44733 44733 0.0 4609 46099 41490.0 349 349 0.0 300 300 0.0 45347 45347 0.0 46800 46800 0.0 33345 33345 0.0 34300 34300 0.0 11601 11601 0.0 12200 12200 0.0 44946 44946 0.0 46500 46500 0.0 401 401 0.0 300 300 0.0 0.9% 0.9% 0.6% 0.6% 316.88 316.88 295-335 295-335 Hard
Hard
Soft
Projected 2017/2018 Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Winter 589 750 1,346 457 405 862 484 56.1%
Spring 235 385 695 272 245 517 178 34.4%
Red 215 292 527 206 90 296 231 78.0%
White 105 258 370 94 215 309 61 19.7%
Durum 36 55 138 83 20 103 35 34.0%
Total 1,180 1,740 3,076 1,112 975 2,087 989 47.4%
Change from previous month Beginning Stocks Production Total Supply Domestic Use Exports Total Use Ending Stocks Stocks/Use Ratio
Hard Winter
Hard Spring
Soft Red
White
Durum
Total
0 0 1 -13 0 -13 14 0.02
0 0 2 1 -10 -9 11 0.03
0 0 0 -6 5 -1 1 0.01
0 0 0 -1 5 4 -4 -0.02
0 0 2 -5 0 -5 7 0.08
0 0 5 -24 0 -24 29 0.02
