Comparative tables of USDA data and market expectations - June 29, 2018 June 30, 2018
US plantings of major crops for 2018 harvest (in millions of acres):
USDA June 29, 2018 | Average of analysts' estimates | Range of analysts' estimates | USDA March 29, 2018 | USDA 2017 seedings | |
Corn | 89.128 | 88.562 | 87.600-90.436 | 88.026 | 90.167 |
Soybeans | 89.557 | 89.691 | 89.100-90.700 | 88.982 | 90.142 |
All wheat | 47.821 | 47.102 | 46.575-47.700 | 47.339 | 46.012 |
Winter wheat | 32.732 | 32.633 | 31.469-33.100 | 32.708 | 32.696 |
Other spring | 13.202 | 12.431 | 12.000-13.000 | 12.627 | 11.009 |
Durum | 1.887 | 2.030 | 1.996-2.119 | 2.004 | 2.307 |
Sorghum | 6.040 | 5.909 | 5.700-6.200 | 5.932 | 5.626 |
Barley | 2.549 | 2.336 | 2.200-2.600 | 2.286 | 2.481 |
Oats | 2.889 | 2.760 | 2.695-2.866 | 2.716 | 2.588 |
US Grain Stocks as of June 1, 2018 (in billion bushels)
USDA June 1, 2018 | Average | Range of expectations | USDA March 1, 2018 | USDA June 1, 2017 | |
Wheat | 1.100 | 1.091 | 1.042-1.190 | 1.494 | 1.181 |
Corn | 5.306 | 5.268 | 5.004-5.500 | 8.888 | 5.229 |
Soybeans | 1.222 | 1.225 | 1.115-1.305 | 2.107 | 0.966 |
