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

2021/22

USDA

Dec

Average

Range

2021/22

USDA

Nov

2020/21

USDA

Dec

Wheat

0.598

0.589

0.573-0.632

0.583

0.845

Corn

1.493

1.487

1.420-1.576

1.493

1.236

Soybeans

0.340

0.352

0.325-0.411

0.340

0.256

World Grain Carryout (in million metric tons)

2021/22

USDA

Dec

Average

Range

2021/22

USDA

Nov

2020/21

USDA

Dec

Wheat

278.18

276.30

273.50-279.00

275.80

289.64

Corn

305.54

304.47

302.20-306.20

304.42

292.69

Soybeans

102.00

104.13

103.00-105.20

104.57

99.81

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

USDA Dec

2021/22

Average of analysts' estimates

Range of analysts' estimates

USDA Nov

2021/22

USDA

2020/21

ARGENTINA

Corn

54.50

53.96

51.00-54.50

54.50

50.50

Soybeans

49.50

49.39

48.00-50.00

49.50

46.20

BRAZIL

Corn

118.00

118.26

117.00-120.12

118.00

87.00

Soybeans

144.00

143.79

141.00-145.12

144.00

138.00