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

2019/20

USDA

Feb

Average

Range

2019/20

USDA

Jan

2018/19

USDA

Feb

Wheat

0.940

0.954

0.934-0.975

0.965

1.080

Corn

1.892

1.864

1.788-1.942

1.892

2.221

Soybeans

0.425

0.443

0.320-0.520

0.475

0.909

World Grain Carryout (in million metric tons)

2019/20

USDA

Feb

Average

Range

2019/20

USDA

Jan

2018/19

USDA

Feb

Wheat

288.03

287.44

285.00-288.80

288.08

278.27

Corn

296.84

297.19

295.00-299.50

297.81

320.47

Soybeans

98.86

96.90

94.20-99.30

96.67

111.22

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

USDA Feb

2019/20

Average of analysts' estimates

Range of analysts' estimates

USDA Jan

2019/20

USDA Feb

2018/19

ARGENTINA

Corn

50.00

49.97

48.00-51.00

50.00

51.00

Soybeans

53.00

53.15

52.50-54.00

53.00

55.30

BRAZIL

Corn

101.00

100.85

99.00-101.00

101.00

101.00

Soybeans

125.00

123.65

122.50-125.00

123.00

117.00