US corn and soybean production (in billions of bushels; bushels per acre)

USDA August

2020/21

Average

Range

USDA July

2020/21

USDA

2019/20

Corn production

15.278

15.174

14.915-15.401

15.000

13.617

Corn yield

181.8

180.5

177.5-183.3

178.5

167.4

Soy production

4.425

4.254

4.135-4.399

4.135

3.552

Soy yield

53.3

51.2

49.8-53.0

49.8

47.4

US wheat production (in billions of bushels)

USDA

2020/21

August

Average

Range

USDA

2020/21

July

USDA

2019/20

All Wheat

1.838

1.832

1.799-1.856

1.824

1.920

All Winter Wheat

1.198

1.216

1.193-1.233

1.218

1.304

Hard Red Winter

0.695

0.711

0.700-0.720

0.710

0.833

Soft Red Winter

0.277

0.280

0.271-0.286

0.280

0.239

White Winter Wheat

0.226

0.227

0.220-0.235

0.227

0.232

Other spring

0.577

0.560

0.550-0.574

0.550

0.562

Durum

0.062

0.056

0.052-0.060

0.056

0.054

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

2020/21

2019/20

USDA

August

Average

Range

USDA

July

USDA

August

Average

Range

USDA

July

Wheat

0.925

0.946

0.899-1.011

0.942

1.044

-

-

1.044

Corn

2.756

2.800

2.622-3.061

2.648

2.228

2.271

2.198-2.325

2.248

Soybeans

0.610

0.524

0.430-0.689

0.425

0.615

0.617

0.576-0.677

0.620

World Grain Carryout (in million metric tons)

2020/21

2019/20

USDA

August

Average

Range

USDA

July

USDA

August

Average

Range

USDA

July

Wheat

316.79

313.84

309.11-319.40

314.84

300.91

296.55

292.00-298.00

297.12

Corn

317.46

320.32

315.00-340.13

315.04

311.30

312.62

310.00-314.30

311.95

Soybeans

95.36

97.57

93.68-103.00

95.08

95.85

99.08

94.80-101.10

99.67