USDA 2021/22 US corn and soybean crops (production in billions of bushels, yield in bushels per acre, harvested area in millions of acres):

2021/22

Jan

Average of analysts' estimates

Range of analysts' estimates

2021/22

Nov

2020/21

CORN

Production

15.115


15.06914.932-15.34715.06214.111


Yield

177.0

177.0

175.5-179.0

177.0

171.4


Harvested area

85.388

85.186

84.700-86.400

85.08582.313


SOYBEANS

Production

4.435

4.4334.396-4.4844.425

4.216

Yield

51.4

51.3

50.9-51.9

51.2

51.0

Harvested area

86.33286.44786.000-86.91186.436

82.603

USDA 2021/22 US Grain Stocks as of December 1 (in billion bushels)

Dec 1, 2021

Average

Range

Sep 1, 2021

Dec 1, 2020

Wheat

1.390

1.421

1.315-1.690

1.774

1.703

Corn

11.647

11.602  11.200-11.951 1.23511.294

Soybeans

3.149

3.129  2.975-3.227 0.2572.947 

USDA 2022/23 US Winter Wheat Seedings (in million acres)

2022/23

Jan

Average

Range

2021/22 plantings

All Winter Wheat

34.397


34.255 33.400-35.550 33.648

Hard Red Winter Wheat

23.800

24.03423.400-24.97023.494

Soft Red Winter Wheat

7.070

6.555  5.790-7.0006.648

White Winter Wheat

3.560

3.577   3.418-4.0003.506

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

2021/22

USDA

Jan

Average

Range

2021/22

USDA

Dec

2020/21

USDA

Jan

Wheat

0.628

0.608 0.580-0.638 0.5980.845

Corn

1.540

1.472  1.386-1.5501.4931.235

Soybeans

0.350

0.348  0.305-0.4110.3400.257

World Grain Carryout (in million metric tons)

2021/22

USDA

Jan

Average

Range

2021/22

USDA

Dec

2020/21

USDA

Jan

Wheat

279.95

278.67   274.95-280.50278.18288.82

Corn

303.07

304.08  302.00-307.00305.54292.23

Soybeans

95.20

99.93  95.00-103.55102.0099.88

South American corn and soy production (in million metric tons):

USDA

2021/22

 Jan

Average

Range

USDA

2021/22

 Dec

USDA

2020/21

Jan

ARGENTINA

Corn

54.00

53.59  52.00-55.5054.5055.00

Soybeans

46.50

48.11  45.00-49.5049.5046.20

BRAZIL

Corn

115.00

116.17 114.00-118.00 118.0087.00

Soybeans

139.00

141.62  140.00-144.00144.00138.00