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US wheat production (in billions of bushels)

USDA

2018/19

Average

Range

USDA

2017/18

USDA

2016/17

All Wheat

1.821

1.777

1.612-1.860

1.741

2.309

All Winter Wheat

1.192

1.178

1.062-1.304

1.269

1.713

Hard Red Winter

0.647

0.646

0.550-0.797

0.750

1.082

Soft Red Winter

0.315

0.309

0.218-0.330

0.292

0.345

White Winter Wheat

0.229

0.229

0.201-0.260

0.227

0.286

US grain and soybean ending stocks (in billions of bushels)

2018/19

2017/18

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

0.955

0.930

0.780-1.075

1.070

1.065

0.941-1.090

1.064

Corn

1.682

1.628

1.467-1.907

2.182

2.178

2.150-2.207

2.182

Soybeans

0.415

0.535

0.400-0.715

0.530

0.541

0.495-0.575

0.550

World Grain Carryout (in million metric tons)

2018/19

2017/18

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

264.33

269.18

260.00-278.70

270.46

271.13

268.50-273.40

271.22

Corn

159.15

186.35

174.00-193.80

194.85

195.18

192.17-198.00

197.78

Soybeans

86.70

90.52

75.50-97.00

92.16

89.90

88.50-91.00

90.80

FeedDinner 2019