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USDA 2018/19 US corn and soybean production

Sept

USDA

2018/19

Average of

analysts'

estimates

Range of

analysts'

estimates

August

USDA

2018/19

USDA

2017/18

Corn production

14.827

14.529

14.351-14.607

14.586

14.604

Corn yield

181.3

177.8

175.5-180.0

178.4

176.6

Soy production

4.693

4.649

4.523-4.781

4.586

4.392

Soy yield

52.8

52.2

50.9-53.8

51.6

49.1

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

2018/19

2017/18

USDA

Sept

Average

Range

USDA

Aug

USDA

Sept

Average

Range

USDA

Aug

Corn

1.774

1.639

1.477-1.785

1.684

2.002

2.028

1.977-2.154

2.027

Soybeans

0.845

0.830

0.722-1.000

0.785

0.395

0.426

0.400-0.472

0.430

Wheat

0.935

0.941

0.885-0.999

0.935

1.1

1.1

World Grain Carryout (in million metric tons)

2018/19

2017/18

USDA

Sept

Average

Range

USDA

Aug

USDA

Sept

Average

Range

USDA

Aug

Wheat

261.29

257.58

252.00-261.37

258.96

274.36

272.92

271.00-274.11

273.07

Corn

157.03

154.48

151.71-159.00

155.49

194.15

192.24

190.28-193.77

193.33

Soybeans

108.26

107.29

104.00-111.13

105.94

94.74

95.57

94.00-97.18

95.61

Black Sea Trade Flows (BST Flows)

FeedDinner 2019