Global bean, cotton, corn stocks cut, wheat increased

U.S. bean and corn carryout stocks decreased, wheat increased

Grain-Pile.jpg
Grain-Pile.jpg

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
March (February)

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
March (February)

Argentina

43.50 (45.00)

Brazil

127.00(134.00)

Paraguay

5.30(6.30)

Wheat – MMT

2021-22
March (February)

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)