US corn and soybean production (in billions of bushels; bushels per acre)

USDA November

2020/21

Average

Range

USDA October

2020/21

USDA

2019/20

Corn production

14.507

14.659

14.520-14.820

14.722

13.620

Corn yield

175.8

177.7

176.0-179.2

178.4

167.5

Soy production

4.170

4.251

4.189-4.320

4.268

3.552

Soy yield

50.7

51.6

50.8-52.5

51.9

47.4

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

2020/21

USDA

Nov

Average

Range

USDA

Oct

USDA

2019/20

Wheat

0.877

0.881

0.858-0.901

0.883

1.028

Corn

1.702

2.033

1.850-2.217

2.167

1.995

Soybeans

0.190

0.235

0.190-0.292

0.290

0.523

World Grain Carryout (in million metric tons)

2020/21

USDA

Nov

Average

Range

USDA

Oct

USDA

2019/20

Wheat

320.45

319.78

318.00-323.00

321.45

300.76

Corn

291.43

296.37

289.00-302.20

300.45

303.33

Soybeans

86.52

87.44

84.00-89.00

88.70

95.34