US corn and soybean crops:

USDA Feb

2018/19

Average of analysts' estimates

Range of analysts' estimates

USDA Dec

2018/19

USDA Feb

2017/18

CORN

Production, billion bushels

14.420

14.532

14.343-14.760

14.626

14.609

Yield, bu/acre

176.4

177.9

176.7-179.9

178.9

176.6

Harvested acres, million acres

81.740

81.680

80.850-82.100

81.767

82.733

SOY

Production, billion bushels

4.544

4.569

4.490-4.620

4.600

4.412

Yield, bu/acre

51.6

51.8

51.0-52.4

52.1

49.3

Harvested acres, million acres

88.110

88.187

87.364-88.509

88.343

89.542

US winter wheat seedings for 2019 harvest, in millions of acres:

USDA Feb estimate

Average of analysts' estimates

Range of analysts' estimates

2018

All winter

31.290

32.128

31.500-33.300

32.535

Hard Red Winter

22.20

22.579

21.925-23.620

22.923

Soft Red Winter

5.66

5.963

5.634-6.200

6.076

White Winter

3.44

3.488

3.211-3.700

3.536

US Grain Stocks as of December 1, in billions of bushels:

Dec 1, 2018

Average of analysts' estimates

Range of analysts' estimates

Sept 1, 2018

Dec 1, 2017

Wheat

1.999

1.957

1.846-2.003

2.390

1.874

Corn

11.952

12.092

11.940-12.400

2.140

12.567

Soybeans

3.736

3.743

3.414-3.872

0.438

3.161

US grain and soybean ending stocks, in billions of bushels:

USDA Feb

2018/19

Average of analysts' estimates

Range of analysts' estimates

USDA Dec

2018/19

USDA Feb

2017/18

Wheat

1.010

0.989

0.950-1.028

0.974

1.099

Corn

1.735

1.708

1.621-1.787

1.781

2.140

Soybeans

0.910

0.926

0.800-1.015

0.955

0.438

World grain and soybean ending stocks, in millions of tonnes:

USDA Feb

2018/19

Average of analysts' estimates

Range of analysts' estimates

USDA Dec

2018/19

USDA Feb

2017/18

Wheat

267.53

268.09

266.00-269.70

268.10

280.02

Corn

309.78

307.06

305.00-308.94

308.80

340.81

Soybeans

106.72

112.67

109.00-115.10

115.33

98.09

South American corn and soy production, in millions of tonnes:

USDA Feb

2018/19

Average of analysts' estimates

Range of analysts' estimates

USDA Dec

2018/19

USDA Feb

2017/18

ARGENTINA

Corn

46.00

43.09

41.50-45.00

42.50

32.00

Soybeans

55.00

55.14

54.00-56.00

55.50

37.80

BRAZIL

Corn

94.50

93.41

91.00-95.50

94.50

82.00

Soybeans

117.00

116.99

115.00-119.00

122.00

120.80