US wheat production (in billions of bushels)

USDA

2021/22

June

Average

Range

USDA

2021/22

May

USDA

2020/21

All Wheat

1.898

1.892

1.846-1.973

1.872

1.826

All Winter Wheat

1.309

1.312

1.276-1.393

1.283

1.171

Hard Red Winter

0.771

0.760

0.723-0.826

0.731

0.659

Soft Red Winter

0.335

0.333

0.317-0.350

0.332

0.266

White Winter Wheat

0.202

0.216

0.195-0.250

0.220

0.246

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

2021/22

2020/21

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

0.770

0.783

0.702-0.899

0.774

0.852

0.869

0.832-0.901

0.872

Corn

1.357

1.423

1.282-1.507

1.507

1.107

1.207

1.132-1.257

1.257

Soybeans

0.155

0.146

0.127-0.206

0.140

0.135

0.122

0.110-0.150

0.120

World Grain Carryout (in million metric tons)

2021/22

2020/21

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

296.80

294.49

290.00-300.00

294.96

293.48

294.41

293.30-295.23

294.67

Corn

289.41

289.20

285.00-294.00

292.30

280.60

280.82

276.00-285.00

283.53

Soybeans

92.55

91.22

89.00-94.10

91.10

88.00

87.14

86.00-92.00

86.55

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

USDA June

2020/21

Average of analysts' estimates

Range of analysts' estimates

USDA May

2020/21

USDA

2019/20

ARGENTINA

Corn

47.00

47.04

46.00-47.50

47.00

51.00

Soybeans

47.00

46.61

45.00-47.50

47.00

48.80

BRAZIL

Corn

98.50

97.32

95.00-100.50

102.00

102.00

Soybeans

137.00

136.16

135.73-137.00

136.00

128.50