US wheat production (in billions of bushels)

USDA

2019/20

Average

Range

USDA

2018/19

USDA

2017/18

All Wheat

1.897

1.909

1.815-1.986

1.884

1.741

All Winter Wheat

1.268

1.277

1.116-1.406

1.184

1.269

Hard Red Winter

0.780

0.767

0.624-0.905

0.662

0.750

Soft Red Winter

0.265

0.277

0.250-0.302

0.286

0.292

White Winter Wheat

0.224

0.232

0.201-0.252

0.236

0.227

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

2019/20

2018/19

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

1.141

1.060

0.947-1.129

1.127

1.097

1.079-1.187

1.087

Corn

2.485

2.131

1.787-2.387

2.095

2.055

2.011-2.135

2.035

Soybeans

0.970

0.910

0.786-1.103

0.995

0.920

0.880-1.010

0.895

World Grain Carryout (in million metric tons)

2019/20

2018/19

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

293.01

277.42

259.00-290.00

274.98

275.89

274.10-277.50

275.61

Corn

314.71

304.71

271.20-322.00

325.94

316.00

314.00-318.20

314.01

Soybeans

113.09

109.55

100.00-120.00

113.18

108.50

107.00-110.60

107.36