Report Snapshot: U.S. and global corn, soybean carryover top average pre-report estimates
|
U.S. Carryover |
||
|
Corn – billion bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
2.122 |
|
Average est. |
NA |
2.102 |
|
USDA March |
1.360 |
2.172 |
|
|
||
|
Soybeans – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
340 |
|
Average est. |
NA |
317 |
|
USDA March |
264 |
315 |
|
|
|
|
|
Wheat – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
698 |
|
Average est. |
NA |
690 |
|
USDA March |
570 |
673 |
|
|
|
|
|
Cotton – million bales |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
4.25 |
2.50 |
|
Average est. |
NA |
2.56 |
|
USDA March |
4.25 |
2.50 |
|
Global Carryover |
||
|
Corn – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
302.19 |
318.28 |
|
Average est. |
NA |
316.72 |
|
USDA March |
301.62 |
319.63 |
|
Soybeans – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
101.31 |
114.22 |
|
Average est. |
NA |
113.71 |
|
USDA March |
102.15 |
114.27 |
|
Wheat – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
271.0 |
258.27 |
|
Average est. |
NA |
259.14 |
|
USDA March |
271.10 |
258.83 |
|
Cotton – million bales |
||
|
|
2022-23 |
2023-24 |
|
USDA |
82.61 |
83.08 |
|
Average est. |
NA |
83.38 |
|
USDA March |
82.97 |
83.34 |
