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

USDA October

2020/21

Average

Range

USDA September

2020/21

USDA

2019/20

Corn production

14.722

14.808

14.604-14.963

14.900

13.620

Corn yield

178.4

177.7

174.8-179.2

178.5

167.5

Harvested area

82.527

83.321

82.700-83.723

83.473

81.337

Soy production

4.268

4.282

4.192-4.350

4.313

3.552

Soy yield

51.9

51.6

50.5-52.4

51.9

47.4

Harvested area

82.289

82.922

82.500-83.020

83.020

74.939

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

2020/21

USDA

Oct

Average

Range

USDA

Sept

USDA

2019/20

Wheat

0.883

0.887

0.830-0.917

0.925

1.028

Corn

2.167

2.113

1.859-2.333

2.503

1.995

Soybeans

0.290

0.369

0.285-0.460

0.460

0.523

World Grain Carryout (in million metric tons)

2020/21

USDA

Oct

Average

Range

USDA

Sept

USDA

2019/20

Wheat

321.45

317.23

310.94-322.00

319.37

299.40

Corn

300.45

300.10

291.29-305.00

306.79

304.24

Soybeans

88.70

91.36

88.06-94.10

93.59

93.75