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

USDA

June 2020

Average of analysts' estimates

Range of analysts' estimates

USDA

March 2020

USDA 2019 seedings

Corn

92.006

95.207

93.000-97.100

96.990

89.700

Soybeans

83.825

84.716

83.500-85.600

83.510

76.100

All wheat

44.250

44.718

44.200-45.100

44.655

45.158

Winter wheat

30.550

30.849

30.400-31.600

30.775

31.159

Other spring

12.200

12.551

12.150-12.810

12.590

12.660

Durum

1.500

1.313

1.200-1.440

1.290

1.339

All cotton

12.185

13.153

12.500-13.750

13.703

13.736

Sorghum

5.620

5.881

5.600-6.150

5.820

5.265

Barley

2.797

2.835

2.500-3.000

2.921

2.721

Oats

3.134

2.954

2.700-3.300

3.012

2.810

Rice

2.921

2.828

2.600-3.000

2.847

2.540

US Grain Stocks as of June 1, 2020 (million bushels)

USDA

June 1, 2020

Average

Range of expectations

USDA

March 1, 2020

USDA

June 1, 2019

Wheat

1.044

0.980

0.925-0.996

1.415

1.080

Corn

5.224

4.951

4.795-5.150

7.951

5.202

Soybeans

1.386

1.392

1.275-1.490

2.255

1.783