Report snapshot: soybean ending stocks pegged at 225 mb

Expectations for
U.S. Carryover

Corn – billion bushels

2022-23

USDA

1.267

Average est.

1.266

USDA January

1.242

USDA 2021-22

1.377

Soybeans – million bushels

2022-23

USDA

225

Average est.

211

USDA January

210

USDA 2021-22

274

Wheat – million bushels

2022-23

USDA

568

Average est.

576

USDA January

567

USDA 2021-22

600

Cotton – million bales

2022-23

USDA

4.30

Average est.

4.08

USDA January

4.20

USDA 2021-22

3.75

Global Carryover

Corn – MMT

2021-22

2022-23

USDA

306.28

295.28

Average est.

NA

294.71

USDA January

305.95

296.42

Soybeans – MMT

2021-22

2022-23

USDA

98.83

102.03

Average est.

NA

102.03

USDA January

98.22

103.52

Wheat – MMT

2021-22

2022-23

USDA

276.70

269.34

Average est.

NA

268.56

USDA January

276.82

268.39

Cotton – million bales

2021-22

2022-23

USDA

85.24

89.08

Average est.

NA

90.06

USDA January

85.34

89.93