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

2020/21

USDA

Mar

Average

Range

2020/21

USDA

Feb

2019/20

USDA

Mar

Wheat

0.836

0.839

0.826-0.868

0.836

1.028

Corn

1.502

1.471

1.300-1.561

1.502

1.919

Soybeans

0.120

0.117

0.110-0.125

0.120

0.525

World Grain Carryout (in million metric tons)

2020/21

USDA

Mar

Average

Range

2020/21

USDA

Feb

2019/20

USDA

Mar

Wheat

301.19

304.39

302.40-309.00

304.22

300.29

Corn

287.67

284.23

280.00-286.00

286.53

303.13

Soybeans

83.74

82.66

81.00-85.50

83.36

96.04

South American corn and soy production, in million metric tons:

USDA

2020/21

 Mar

Average

Range

USDA

2020/21

 Feb

USDA

2019/20

Mar

ARGENTINA

Corn

47.50

47.00

45.50-48.00

47.50

51.00

Soybeans

47.50

47.44

46.00-48.00

48.00

48.80

BRAZIL

Corn

109.00

108.39

106.00-110.00

109.00

102.00

Soybeans

134.00

133.14

132.00-134.00

133.00

128.50