Comparative tables of USDA data and market expectations - February 2020 Feb. 11, 2020
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 |