USDA 2018/19 US corn and soybean production (in billions of bushels)

Oct

USDA

2018/19

Average of

analysts'

estimates

Range of

analysts'

estimates

Sept

USDA

2018/19

USDA

2017/18

Corn

Production

14.778

14.872

14.700-15.220

14.827

14.604

Yield, bushels/acre

180.7

181.8

180.6-183.5

181.3

176.6

Harvested area, mil. acres

81.767

81.72

81.400-81.897

81.770

82.703

Soy

Production

4.690

4.733

4.623-4.890

4.693

4.411

Yield, bushels/acre

53.1

53.3

52.0-55.0

52.8

49.3

Harvested area, mil. acres

88.348

88.72

88.353-88.900

88.892

89.522

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

Oct

USDA

2018/19

Average of

analysts'

estimates

Range of

analysts'

estimates

Sept

USDA

2018/19

Oct

USDA

2017/18

Wheat

0.956

0.950

0.895-0.997

0.935

1.099

Corn

1.813

1.919

1.766-2.352

1.774

2.140

Soybeans

0.885

0.898

0.778-0.985

0.845

0.438

World Grain Carryout (in million metric tons)

Oct

USDA

2018/19

Average of

analysts'

estimates

Range of

analysts'

estimates

Sept

USDA

2018/19

Oct

USDA

2017/18

Wheat

260.18

261.41

259.00-264.50

261.29

274.85

Corn

159.35

159.30

156.00-165.90

157.03

198.21

Soybeans

110.04

109.53

105.50-113.00

108.26

96.65