U.S., global soybean stocks cut
|
U.S. Carryover |
|
|
Corn – billion bushels |
|
|
2021-22 |
|
|
USDA |
1.440 |
|
Average est. |
1.415 |
|
USDA March |
1.440 |
|
Soybeans – million bushels |
|
|
2021-22 |
|
|
USDA |
260 |
|
Average est. |
262 |
|
USDA March |
285 |
|
Wheat – million bushels |
|
|
2021-22 |
|
|
USDA |
678 |
|
Average est. |
656 |
|
USDA March |
653 |
|
Cotton – million bales |
|
|
2021-22 |
|
|
USDA |
3.50 |
|
Average est. |
3.54 |
|
USDA March |
3.50 |
|
Global Carryover |
|
|
Corn – MMT |
|
|
|
2021-22 |
|
USDA |
305.46 |
|
Average est. |
301.91 |
|
USDA March |
300.97 |
|
Soybeans – MMT |
|
|
|
2021-22 |
|
USDA |
89.58 |
|
Average est. |
88.79 |
|
USDA March |
89.96 |
|
Wheat – MMT |
|
|
|
2021-22 |
|
USDA |
278.42 |
|
Average est. |
281.41 |
|
USDA March |
281.51 |
|
Cotton – million bales |
|
|
|
2021-22 |
|
USDA |
83.38 |
|
Average est. |
82.64 |
|
USDA March |
82.57 |
|
Global Production Highlights |
|
|
Corn – MMT |
|
|
|
2021-22 |
|
Argentina |
53.00 (53.00) |
|
Brazil |
116.00 (114.00) |
|
South Africa |
16.30 (16.30) |
|
Ukraine |
41.90 (41.90) |
|
China |
272.55 (272.55) |
|
Soybeans – MMT |
|
|
|
2021-22 |
|
Argentina |
43.50 (43.50) |
|
Brazil |
125.00 (127.00) |
|
Paraguay |
4.20 (5.30) |
|
Wheat – MMT |
|
|
|
2021-22 |
|
Argentina |
21.00 (20.50) |
|
Australia |
36.30 (36.30) |
|
Canada |
21.65 (21.65) |
|
EU |
138.42(139.00) |
|
Russia |
75.16 (75.16) |
|
Ukraine |
33.00 (33.00) |
