US wheat production (in billions of bushels)

August

USDA

2018/19

Average

Range

July USDA

2018/19

USDA

2017/18

All wheat

1.877

1.850

1.700-1.885

1.881

1.741

All winter

1.189

1.180

1.050-1.201

1.193

1.269

Hard red winter

0.661

0.656

0.635-0.665

0.657

0.750

Soft red winter

0.292

0.302

0.290-0.313

0.303

0.292

White winter

0.236

0.230

0.210-0.240

0.232

0.227

Other spring

0.614

0.601

0.570-0.633

0.614

0.416

Durum

0.073

0.074

0.069-0.078

0.075

0.055

USDA 2018/19 US corn and soybean production

August

USDA

2018/19

Average of

analysts'

estimates

Range of

analysts'

estimates

July

USDA

2018/19

USDA

2017/18

Corn production

14.586

14.411

14.150-14.740

14.230

14.604

Corn yield

178.4

176.2

171.0-180.2

174.0

176.6

Soy production

4.586

4.407

4.280-4.576

4.310

4.392

Soy yield

51.6

49.6

48.0-51.5

48.5

49.1

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

2018/19

2017/18

USDA

Aug

Average

Range

USDA

July

USDA

Aug

Average

Range

USDA

July

Corn

1.684

1.636

1.457-1.812

1.552

2.027

2.021

1.900-2.137

2.027

Soybeans

0.785

0.638

0.565-0.726

0.580

0.430

0.460

0.437-0.480

0.465

Wheat

0.935

0.961

0.850-1.018

0.985

1.1

1.1

World Grain Carryout (in million metric tons)

2018/19

2017/18

USDA

Aug

Average

Range

USDA

July

USDA

Aug

Average

Range

USDA

July

Wheat

258.96

256.42

250.00-259.90

260.88

273.07

273.12

271.00-274.00

273.50

Corn

155.49

152.59

148.00-158.23

151.96

193.33

190.81

189.00-192.62

191.73

Soybeans

105.94

99.33

94.00-102.20

98.27

95.61

95.53

92.00-97.00

96.02