US wheat production (in billions of bushels)

USDA

2020/21

June

Average

Range

USDA

2020/21

May

USDA

2019/20

USDA

2018/19

All Wheat

1.877

1.850

1.824-1.875

1.866

1.920

1.884

All Winter Wheat

1.266

1.238

1.211-1.264

1.255

1.304

1.184

Hard Red Winter

0.743

0.718

0.680-0.738

0.733

0.833

0.662

Soft Red Winter

0.297

0.297

0.284-0.305

0.298

0.239

0.286

White Winter Wheat

0.225

0.224

0.218-0.228

0.224

0.232

0.236

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

2020/21

2019/20

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

0.925

0.897

0.820-0.940

0.909

0.983

0.979

0.968-0.998

0.978

Corn

3.323

3.360

2.897-3.595

3.318

2.103

2.150

2.090-2.303

2.098

Soybeans

0.395

0.426

0.350-0.572

0.405

0.585

0.577

0.497-0.630

0.580

World Grain Carryout (in million metric tons)

2020/21

2019/20

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

316.09

307.74

300.00-310.50

310.12

295.84

294.63

292.00-296.00

295.12

Corn

337.87

339.78

335.00-346.60

339.62

312.91

314.31

310.00-319.70

314.73

Soybeans

96.34

98.64

96.00-102.40

98.39

99.19

101.23

98.50-110.35

100.27

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

USDA June

2019/20

Average of analysts' estimates

Range of analysts' estimates

USDA May

2019/20

USDA

2018/19

ARGENTINA

Corn

50.00

49.83

49.00-50.00

50.00

51.00

Soybeans

50.00

50.64

50.00-51.20

51.00

55.30

BRAZIL

Corn

101.00

99.42

96.50-102.00

101.00

101.00

Soybeans

124.00

122.97

121.00-125.00

124.00

119.00