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USDA US Wheat Production (in billion bushels)

Aug 2017/18

Average

Range

July

2017/18

2016/17

All Wheat

1.739

1.711

1.550-1.784

1.760

2.310

All Winter Wheat

1.287

1.278

1.258-1.293

1.279

1.672

Hard Red Winter

0.758

0.756

0.737-0.775

0.758

1.082

Soft Red Winter

0.306

0.307

0.300-0.311

0.306

0.345

White Winter

0.223

0.215

0.205-0.224

0.216

0.245

Other Spring Wheat

0.402

0.393

0.350-0.440

0.423

0.534

Durum

0.051

0.056

0.050-0.065

0.058

0.104

USDA US Corn/Soybean

Aug 2017/18

Average

Range

July

2017/18

2016/17

Production (in billion bushels)

Corn

14.153

13.855

13.590-14.070

14.255

15.148

Soybeans

4.381

4.212

4.165-4.307

4.260

4.307

Yield (in bushels per acre)

Corn

169.5

166.2

162.8-168.5

170.7

174.6

Soybeans

49.4

47.5

46.9-48.0

48.0

52.1

Area harvested (in million acres)

Corn

83.50

83.418

83.100-83.500

83.496

86.75

Soybeans

88.73

88.699

88.300-88.731

88.731

82.74

USDA 2016/17 and 2017/18 US Grain Carryout (in billion bushels)

Aug 2017/18

Average

Range

July

2017/18

Aug 2016/17

Average

Range

July 2016/17

Soybeans

0.475

0.424

1.642-2.375

0.460

0.370

0.401

0.370-0.420

0.410

Corn

2.273

2.003

0.369-0.474

2.325

2.374

2.386

2.340-2.730

2.370

Wheat

0.933

0.907

0.806-0.948

0.938

1.184

NA

NA

1.184

USDA 2016/17 and 2017/18 World Grain Carryout (in million metric tons)

Aug 2017/18

Average

Range

July

2017/18

Aug 2016/17

Average

Range

July 2016/17

Aug 2015/16

Soybeans

97.78

92.12

89.00-94.00

93.53

96.98

94.37

93.50-95.00

94.78

77.06

Corn

200.87

194.91

183.00-200.50

200.81

228.61

227.38

226.00-229.50

227.51

213.51

Wheat

264.69

256.69

245.00-263.10

260.60

258.56

258.42

257.00-261.00

258.05

242.86