U.S Grain Stocks 2016/17

July Est.

Avg. Trade Est.

Trade Range

USDA June

Corn

2.370

2.321

2.235 – 2.375

2.295

Soybeans

0.410

0.430

0.400 – 0.465

0.450

U.S Grain Stocks 2017/18

July Est.

Avg. Trade Est.

Trade Range

USDA June

Corn

2.325

2.181

1.921 – 2.398

2.110

Soybeans

0.460

0.473

0.374 – 0.513

0.495

Wheat

0.938

0.876

0.757 – 0.957

0.924

World Stocks 2016/17

July Est.

Avg. Trade Est.

Trade Range

USDA June

Corn

227.51

225.72

223.80 – 228.00

224.59

Sobyeans

94.78

93.12

92.30 – 94.00

93.21

Wheat

258.05

255.35

249.00 – 257.00

256.43

World Stocks 2017/18

July Est.

Avg. Trade Est.

Trade Range

USDA June

Corn

200.81

195.33

190.00 – 198.77

194.33

Sobyeans

93.53

92.14

90.30 – 93.00

92.22

Wheat

260.60

257.36

250.00 – 262.00

261.19

U.S. New-Crop Production

July Est.

Avg. Trade Est.

Trade Range

USDA June

Corn Production

14.255

14.126

13.841 – 14.253

14.065

Corn Yield

170.7

169.6

166.8 – 170.7

170.7

Soybean Production

4.260

4.243

4.164 – 4.260

4.255

Soybean Yield

48.0

47.9

47.0 – 49.0

48.0

U.S. Wheat Production

July Est.

Avg. Trade Est.

Trade Range

USDA June

All Wheat

1.760

1.748

1.634 – 1.834

1.824

All Winter

1.279

1.261

1.237 – 1.280

1.250

Hard Red Winter

0.758

0.745

0.693 – 0.775

0.743

Soft Red Winter

0.306

0.303

0.296 – 0.332

0.298

White Winter

0.216

0.210

0.199 – 0.218

0.209

Other Spring

0.423

0.416

0.305 – 0.470

na

Durum

0.057

0.078

0.065 – 0.090

na