USDA lowers global corn, soybean and cotton carryout numbers

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2021 U.S. Production

              Corn     

 

Production
(bil. bu.)

Yield
(bu. per acre)

Harvested acres (mil.)

USDA

15.115

177.0

85.388

Average est.

15.069

177.0

85.186

USDA Nov. est.

15.062

177.0

85.085

 

Soybeans

 

Production
(bil. bu.)

Yield
(bu. per acre)

Harvested acres (mil.)

USDA

4.435

51.4

86.332

Average est.

4.433

51.3

86.447

USDA Nov. est.

4.425

51.2

86.436

 

Cotton

 

Production
(mil. bales)

Yield
(lbs. per acre)

Harvested acres (mil.)

USDA

17.62

849

9.97

Average est.

18.24

NA

NA

USDA Dec. est.

18.28

885

9.92

 

 

U.S. Carryover

Corn – billion bushels

 

2021-22

USDA

1.540

Average est.

1.472

USDA December

1.493

 

Soybeans – million bushels

 

2021-22

USDA

350

Average est.

348

USDA December

340

 

Wheat – million bushels

 

2021-22

USDA

628

Average est.

608

USDA December

598

Cotton – million bales

 

2021-22

USDA

3.20

Average est.

3.46

USDA December

3.40

 

 

Global Carryover

Corn – MMT

 

2021-22

USDA

303.07

Average est.

304.08

USDA December

305.54

 

Soybeans – MMT

 

2021-22

USDA

95.20

Average est.

99.93

USDA December

102.00

 

Wheat – MMT

 

2021-22

USDA

279.95

Average est.

278.67

USDA December

278.18

 

Cotton – million bales

 

2021-22

USDA

85.01

Average est.

85.61

USDA December

85.73

 

 

Quarterly Grain Stocks Report

Corn – billion bu.

USDA Dec. 1, 2021

11.647

Average est.

11.602

USDA Sept. 1, 2021

1.236

USDA Dec. 1, 2020

11.294

 

Soybeans – billion bu.

USDA Dec. 1, 2021

3.149

Average est.

3.129

USDA Sept. 1, 2021

0.256

USDA Dec. 1, 2020

2.947

 

Wheat – billion bu.

USDA Dec. 1, 2021

1.390

Average est.

1.421

USDA Sept. 1, 2021

1.780

USDA Dec. 1, 2020

1.703

 

 

Winter Wheat Seedings

All winter wheat – million acres

USDA

34.397

Average est.

34.255

USDA final 2021

33.648

 

HRW wheat – million acres

USDA

23.8

Average est.

24.034

USDA final 2021

23.494

 

SRW wheat – million acres

USDA

7.07

Average est.

6.555

USDA final 2021

6.648

 

White winter wheat – million acres

USDA

3.56

Average est.

3.577

USDA final 2021

3.506

 

 

 

 

 

 

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