US wheat production (in billions of bushels)

USDA

2020/21

Average

Range

USDA

2019/20

USDA

2018/19

All Wheat

1.866

1.847

1.773-1.970

1.920

1.884

All Winter Wheat

1.255

1.245

1.200-1.310

1.304

1.184

Hard Red Winter

0.733

0.739

0.678-0.812

0.833

0.662

Soft Red Winter

0.298

0.280

0.233-0.305

0.239

0.286

White Winter Wheat

0.224

0.226

0.202-0.239

0.232

0.236

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

2020/21

2019/20

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

0.909

0.814

0.696-0.971

0.978

0.969

0.925-1.041

0.970

Corn

3.318

3.389

2.665-4.295

2.098

2.224

2.092-2.457

2.092

Soybeans

0.405

0.430

0.299-0.635

0.580

0.448

0.430-0.542

0.480

World Grain Carryout (in million metric tons)

2020/21

2019/20

USDA

May

Average

Range

USDA

May

Average

Range

USDA

April

Wheat

310.12

292.52

280.00-305.89

295.12

292.33

290.00-293.50

292.78

Corn

339.62

319.56

289.00-365.00

314.73

305.74

200.00-325.00

303.17

Soybeans

98.39

104.04

96.06-115.00

100.27

99.73

97.50-101.13

100.45