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USDA Reports Snapshot

The USDA increased U.S. and global wheat and corn carryout numbers above pre-report estimates. Meanwhile, U.S. and global cotton and soybean carryout numbers were under pre-report estimates.

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December 09, 2021 11:21 AM

usda

2021 U.S. Production
Cotton
	Production (mil. bales)	Yield (lbs. per acre)
USDA	18.3	885
Average est.	18.19	NA
USDA Nov. est.	18.20	880

U.S. Carryover
Corn – billion bushels
	2021-22
USDA	1.49
Average est.	1.487
USDA November	1.493

Soybeans – million bushels
	2021-22
USDA	340
Average est.	352
USDA November	340

Wheat – million bushels
	2021-22
USDA	598
Average est.	589
USDA November	583
Cotton – million bales
	2021-22
USDA	3.4
Average est.	3.51
USDA November	3.40

Global Carryover
Corn – MMT
	2021-22
USDA	305.5
Average est.	304.47
USDA November	304.42

Soybeans – MMT
	2021-22
USDA	102.0
Average est.	104.13
USDA November	103.78

Wheat – MMT
	2021-22
USDA	278.2
Average est.	276.30
USDA November	275.80

Cotton – million bales
	2021-22
USDA	85.73
Average est.	86.74
USDA November	86.93

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