US wheat production (in billions of bushels)

June

USDA

2019/20

Average

Range

May

USDA

2019/20

USDA

2018/19

All Wheat

1.903

1.883

1.837-1.920

1.897

1.884

All Winter Wheat

1.274

1.251

1.194-1.291

1.268

1.184

Hard Red Winter

0.794

0.765

0.662-0.812

0.780

0.662

Soft Red Winter

0.258

0.261

0.250-0.286

0.265

0.286

White Winter Wheat

0.222

0.224

0.220-0.236

0.224

0.236

USDA 2019/20 US corn and soybean production

USDA June

2019/20

Average

Range

USDA May

2019/20

USDA

2018/19

Corn production

13.680

14.251

13.480-14.859

15.030

14.420

Corn yield

166.00

172.40

169.0-176.0

176.0

176.4

Soy production

4.150

4.123

3.904-4.240

4.150

4.544

Soy yield

49.5

49.00

48.0-49.6

49.5

51.6

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

2019/20

2018/19

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

1.072

1.118

1.052-1.180

1.141

1.102

1.121

1.087-1.152

1.127

Corn

1.675

1.917

1.633-2.404

2.485

2.195

2.123

2.035-2.245

2.095

Soybeans

1.045

0.983

0.854-1.069

0.970

1.070

1.004

0.92-1.045

0.995

World Grain Carryout (in million metric tons)

2019/20

2018/19

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

294.34

290.00

277.0-294.0

293.01

276.57

274.70

272.1-276

274.98

Corn

290.52

304.96

295.0-315.0

314.71

325.38

325.44

314-328.4

325.94

Soybeans

112.66

112.99

104.87-118.50

113.09

112.80

113.33

107.4-115.9

113.18