Report snapshot: U.S. corn, soybean ending stocks unchanged
Expectations for |
|
Corn – billion bushels |
|
2022-23 |
|
USDA |
1.342 |
Average est. |
1.319 |
USDA March |
1.342 |
USDA 2021-22 |
1.377 |
Soybeans – million bushels |
|
2022-23 |
|
USDA |
210 |
Average est. |
198 |
USDA March |
210 |
USDA 2021-22 |
274 |
|
|
Wheat – million bushels |
|
2022-23 |
|
USDA |
598 |
Average est. |
574 |
USDA March |
568 |
USDA 2021-22 |
600 |
|
|
Cotton – million bales |
|
2022-23 |
|
USDA |
4.10 |
Average est. |
4.30 |
USDA March |
4.30 |
USDA 2021-22 |
3.75 |
Global Carryover |
||
Corn – MMT |
||
|
2021-22 |
2022-23 |
USDA |
306.91 |
295.35 |
Average est. |
NA |
293.17 |
USDA March |
305.69 |
295.01 |
Soybeans – MMT |
||
|
2021-22 |
2022-23 |
USDA |
99.73 |
100.29 |
Average est. |
NA |
98.56 |
USDA March |
99.00 |
100.01 |
Wheat – MMT |
||
|
2021-22 |
2022-23 |
USDA |
272.09 |
265.05 |
Average est. |
NA |
267.07 |
USDA March |
271.45 |
267.20 |
Cotton – million bales |
||
|
2021-22 |
2022-23 |
USDA |
86.23 |
92.01 |
Average est. |
NA |
90.80 |
USDA March |
86.11 |
91.15 |