US wheat production (in billions of bushels)

USDA

2022/23

June

Average

Range

USDA

2022/23

May

USDA

2021/22

All Wheat

1.737

1.713

1.628-1.751

1.729

1.646

All Winter Wheat

1.182

1.174

1.150-1.197

1.174

1.277

Hard Red Winter

0.582

0.585

0.568-0.612

0.590

0.749

Soft Red Winter

0.358

0.357

0.350-0.366

0.354

0.361

White Winter Wheat

0.242

0.232

0.225-0.236

0.230

0.167

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

2022/23

2021/22

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

0.627

0.614

0.511-0.679

0.619

0.655

0.666

0.645-0.715

0.655

Corn

1.400

1.340

1.029-1.425

1.360

1.485

1.437

1.390-1.485

1.440

Soybeans

0.280

0.307

0.250-0.498

0.310

0.205

0.218

0.166-0.240

0.235

World Grain Carryout (in million metric tons)

2022/23

2021/22

USDA

June

Average

Range

USDA

May

USDA

June

Average

Range

USDA

May

Wheat

266.85

267.18

260.00-271.70

267.02

279.40

279.83

277.20-281.30

279.72

Corn

310.45

305.10

300.00-310.00

305.13

310.92

308.57

300.00-311.00

309.39

Soybeans

100.46

99.77

97.51-102.90

99.60

86.15

84.82

83.10-86.20

85.24

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

USDA June

2021/22

Average of analysts' estimates

Range of analysts' estimates

USDA May

2021/22

USDA

2020/21

ARGENTINA

Corn

53.00

52.15

50.00-53.50

53.00

52.00

Soybeans

43.40

42.16

41.00-43.00

42.00

46.20

BRAZIL

Corn

116.00

114.33

110.00-116.80

116.00

87.00

Soybeans

126.00

124.77

123.00-125.50

125.00

139.50