Comparative tables of USDA data and market expectations March 29, 2018
US Grain stocks as of March 1, 2018 (in billion bushels):
USDA March 1, 2018 | Average | Range | USDA Dec 1, 2017 | USDA March 1, 2017 | |
Wheat | 1.494 | 1.498 | 1.450-1.640 | 1.873 | 1.659 |
Corn | 8.888 | 8.703 | 8.550-8.881 | 12.567 | 8.622 |
Soybeans | 2.107 | 2.030 | 1.810-2.110 | 3.161 | 1.739 |
US plantings of major crops for 2018 harvest (in millions of acres):
USDA 2018 | Average | Range | USDA 2017 | USDA 2016 | |
Soybeans | 88.982 | 91.056 | 89.900-92.600 | 90.142 | 83.433 |
Corn | 88.026 | 89.420 | 87.550-91.000 | 90.167 | 94.004 |
All Wheat | 47.339 | 46.297 | 43.900-47.200 | 46.012 | 50.119 |
All Winter Wheat | 32.708 | 32.516 | 31.500-32.700 | 32.696 | 36.152 |
Other Spring Wheat | 12.627 | 11.500 | 10.900-11.924 | 11.009 | 11.555 |
Durum | 2.004 | 2.384 | 2.200-2.500 | 2.307 | 2.412 |
Barley | 2.286 | 2.651 | 2.450-2.910 | 2.481 | 3.059 |
Oats | 2.716 | 2.759 | 2.525-3.300 | 2.588 | 2.829 |
Sorghum | 5.932 | 5.935 | 5.500-6.300 | 5.626 | 6.690 |
Cotton | 13.469 | 13.292 | 13.00-13.60 | 12.612 | 10.073 |
Rice | 2.690 | 2.757 | 2.500-3.020 | 2.463 | 3.150 |
