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USDA US Final 2017/18 Crop Production (in billion bushels)

2017/18 Jan

Average

Range

2017/18 Dec

2016/17 Final

Corn

14.604

14.579

14.400-14.750

14.578

15.148

Soybeans

4.392

4.427

4.385-4.472

4.425

4.296

Wheat

1.741

-

-

1.741

2.309

USDA US Final 2017/18 Harvested Acres (in million acres)

2017/18 Jan

Average

Range

2017/18 Dec

2016/17 Final

Corn

82.7

83.103

83.00-83.22

83.1

86.7

Soybeans

89.5

89.501

89.250-89.899

89.5

82.7

Wheat

37.6

-

-

37.6

43.9

USDA US Final 2017/18 Yield (in bushels per acre)

2017/18 Jan

Average

Range

2017/18 Dec

2016/17 Final

Corn

176.6

175.4

173.7-177.0

175.4

174.6

Soybeans

49.1

49.5

49.0-50.0

49.5

52.0

Wheat

46.3

-

-

46.3

52.7

USDA 2018/19 US Winter Wheat Seedings (in million acres)

2018/19 Seedings

Average

Range

2017/18 Seedings

All Wheat

-

-

-

46.012

All Winter Wheat

32.608

31.307

30.100-32.000

32.696

Other Spring Wheat

-

-

-

11.009

Durum

-

-

-

2.307

Hard Red Winter Wheat

23.10

22.327

21.100-23.100

23.426

Soft Red Winter Wheat

5.98

5.555

5.180-5.900

5.733

White Winter Wheat

3.56

3.435

3.120-3.600

3.537

USDA 2017/18 US Grain Stocks as of December 1 (in billion bushels)

Dec 1, 2017

Average

Range

Sep 1, 2017

Dec 1, 2016

Corn

12.516

12.431

12.230-12.675

2.293

12.383

Soybeans

3.157

3.181

2.963-3.305

0.302

2.899

Wheat

1.874

1.849

1.795-1.906

2.266

2.079

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

Jan

2017/18

Average

Range

Dec 2017/18

Jan

2016/17

Corn

2.477

2.431

2.263-2.550

2.437

2.293

Soybeans

0.470

0.472

0.425-0.543

0.445

0.302

Wheat

0.989

0.959

0.855-0.986

0.960

1.181

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

Jan

2017/18

Average

Range

Dec 2017/18

Jan

2016/17

Corn

206.57

203.09

198.50-207.0

204.08

228.75

Soybeans

98.57

99.06

97.0-100.50

98.32

96.49

Wheat

268.02

268.26

265.0-271.0

268.42

252.72

Black Sea Trade Flows (BST Flows)

FeedDinner 2019