08/12/16 WASDE balance sheet soybeans

US Soybean Balance Sheet
Supply
Production Inputs 2014/15 2015/16 Est. 2016/17 July Proj. 2016/17 Aug. Proj.2
Area Planted (mln acres)          83.30             82.70                 83.70                          83.70
Area Harvested (mln acres)          82.60              81.80                 83.00                          83.00
Yield Per Harvested Acre          47.50             48.00                 46.70                          48.90
Supply Inputs (mln bu) 2014/15 2015/16 Est. 2016/17 July Proj 2016/17 Aug. Proj2
Beginning Stocks               92                 191                    350                             255
Production          3,927             3,929                 3,880                          4,060
Imports               33                  30                      30                               30
  Supply, Total          4,052              4,150                 4,260                          4,346
Total Supply   4,052     4,150       4,260             4,346
Demand
Demand Inputs (mln bu) 2014/2015 2015/16 Est. 2016/17 July Proj 2016/17 Aug Proj2
Crushings          1,873              1,890                 1,925                          1,940
Exports          1,843              1,760                 1,920                          1,950
Seed               96                  95                      95                               95
Residual               49                  34                      30                               31
  Usage, Total          3,862             3,780                 3,970                          4,016
Total Demand   3,862     3,780       3,970             4,016
Ending Stocks      190        370          290               330
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