Global bean, cotton, corn stocks cut, wheat increased
|
U.S. Carryover |
|
|
Corn – billion bushels |
|
|
2021-22 |
|
|
USDA |
1.440 |
|
Average est. |
1.479 |
|
USDA February |
1.540 |
|
Soybeans – million bushels |
|
|
2021-22 |
|
|
USDA |
285 |
|
Average est. |
278 |
|
USDA February |
325 |
|
Wheat – million bushels |
|
|
2021-22 |
|
|
USDA |
653 |
|
Average est. |
628 |
|
USDA February |
648 |
|
Cotton – million bales |
|
|
2021-22 |
|
|
USDA |
3.50 |
|
Average est. |
3.37 |
|
USDA February |
3.50 |
|
Global Carryover |
|
|
Corn – MMT |
|
|
|
2021-22 |
|
USDA |
300.97 |
|
Average est. |
301.07 |
|
USDA February |
302.22 |
|
Soybeans – MMT |
|
|
|
2021-22 |
|
USDA |
89.96 |
|
Average est. |
89.46 |
|
USDA February |
92.83 |
|
Wheat – MMT |
|
|
|
2021-22 |
|
USDA |
281.51 |
|
Average est. |
277.59 |
|
USDA February |
278.21 |
|
Cotton – million bales |
|
|
|
2021-22 |
|
USDA |
82.57 |
|
Average est. |
84.31 |
|
USDA February |
84.31 |
|
Global Production Highlights |
|
|
Corn – MMT |
|
|
|
2020-21 |
|
Argentina |
53.00 (54.00) |
|
Brazil |
114.00 (114.00) |
|
South Africa |
16.30 (17.00) |
|
Ukraine |
41.90 (42.00) |
|
China |
272.55 (272.55) |
|
Soybeans – MMT |
|
|
|
2021-22 |
|
Argentina |
43.50 (45.00) |
|
Brazil |
127.00(134.00) |
|
Paraguay |
5.30(6.30) |
|
Wheat – MMT |
|
|
|
2021-22 |
|
Argentina |
20.50 (20.50) |
|
Australia |
36.30 (34.00) |
|
Canada |
21.65 (21.65) |
|
EU |
139.00 (138.90) |
|
Russia |
75.16 (75.50) |
|
Ukraine |
33.00 (33.00) |
