US quarterly stocks as of March 1, 2020 (in billions of bushels):

USDA

March 1, 2020

Average

Range

USDA

March 1, 2019

USDA

Dec 1, 2019

Wheat

1.412

1.432

1.385-1.572

1.593

1.834

Corn

7.953

8.125

7.825-8.492

8.613

11.389

Soybeans

2.253

2.241

2.075-2.701

2.727

3.252

US plantings of major crops for 2020 harvest (in millions of acres):

USDA March 31

Average

Range

USDA 2020 Outlook Forum

USDA 2019

Corn

96.990

94.328

92.500-96.400

94.000

89.700

Soybeans

83.510

84.865

82.700-87.100

85.000

76.100

All wheat

44.655

44.982

44.350-46.000

45.000

45.158

Winter wheat

30.775

30.900

30.210-31.700

-

31.159

Other spring

12.590

12.631

12.200-13.200

-

12.660

Durum

1.290

1.512

1.100-2.350

-

1.339

All cotton

13.703

12.700

11.700-13.600

12.500

13.738

Sorghum

5.820

5.823

5.350-6.500

-

5.265

Barley

2.921

2.686

2.500-2.800

-

2.721

Oats

3.012

2.761

2.650-2.900

-

2.810

Rice

2.847

2.954

2.600-3.280

3.100

2.540