U.S., global soybean stocks cut

Global corn carryout stocks increased

elevator-grain-pile-storage.jpg
elevator-grain-pile-storage.jpg

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
April (March)

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
April (March)

Argentina

43.50 (43.50)

Brazil

125.00 (127.00)

Paraguay

4.20 (5.30)

Wheat – MMT

2021-22
April (March)

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)