USDA August 12th, 2022
US 2022/23 Corn & Soybean Production
| August Actual | Average | Range of Est. | USDA July ‘22 | USDA 2021 | |
| Corn | 14.392 | 14.192-14.553 | 14.505 | 15.115 | |
| Corn Yield | 175.9 | 173.2-177.6 | 177.0 | 177.0 | |
| Harvested Acres | 81.819 | 81.940 | 85.388 | ||
| Soybeans | 4.481 | 4.367-4.590 | 4.505 | 4.435 | |
| Soybean Yield | 51.1 | 49.9-52.5 | 51.5 | 51.4 | |
| Harvested Acres | 87.690 | 87.511 | 86.332 |
US 2022/23 Wheat Production
| August Actual | Average | Range of Est. | USDA July ‘22 | USDA 21/22 | |
| All Wheat | 1.791 | 1.774-1.804 | 1.781 | 1.646 | |
| All Winter Wheat | 1.203 | 1.197-1.210 | 1.201 | 1.277 | |
| HRW | 0.585 | 0.580-0.590 | 0-585 | 0.749 | |
| SRW | 0.376 | 0.372-0.380 | 0.376 | 0.361 | |
| White Winter | 0.242 | 0.239-0.250 | 0.240 | 0.167 | |
| Other Spring | 0.510 | 0.496-0.523 | 0.503 | 0.331 | |
| Durum | 0.077 | 0.074-0.080 | 0.077 | 0.037 |
US 2022/23 Grain & Soybean Ending Stocks
| August Actual | Average | Range of Est. | USDA July ‘22 | |
| Corn | 1.402 | 1.285-1.485 | 1.470 | |
| Soybeans | 0.230 | 0.175-0.320 | 0.230 | |
| Wheat | 0.650 | 0.607-0.676 | 0.639 |
US 2021/22 Grain & Soybean Ending Stocks
| August Actual | Average | Range of Est. | USDA July ‘22 | |
| Corn | 1.512 | 1.363-1.560 | 1.510 | |
| Soybeans | 0.226 | 0.210-0.255 | 0.215 |
World 2022/23 Grain & Soybean Ending Stocks
| August Actual | Average | Range of Est. | USDA July ‘22 | |
| Corn | 309.82 | 302.00-314.00 | 312.94 | |
| Soybeans | 99.47 | 97.50-103.10 | 99.61 | |
| Wheat | 268.00 | 265.00-273.00 | 267.52 |
World 2021/22 Grain & Soybean Ending Stocks
| August Actual | Average | Range of Est. | USDA July ‘22 | |
| Corn | 279.98 | 278.00-281.10 | 280.10 | |
| Soybeans | 88.95 | 87.71-90.00 | 88.73 | |
| Wheat | 279.98 | 278.00-281.10 | 280.10 |
World 2022/23 Grain & Soybean Production
| USDA August 22/23 | USDA July 22/23 | USDA 21/22 | USDA 20/21 | |
| Corn | 1185.90 | 1217.87 | 1129.00 | |
| Soybeans | 391.40 | 352.74 | 368.13 | |
| Wheat | 771.64 | 779.03 | 775.71 |
World Production by Country
| August 2022 | July 2022 | August 21/22 | July 21/22 | |
| Argentina Wheat | 19.50 | 22.15 | ||
| Australia Wheat | 30.00 | 36.30 | ||
| Canada Wheat | 34.00 | 21.65 | ||
| EU Wheat | 134.10 | 138.42 | ||
| Russia Wheat | 81.50 | 75.16 | ||
| Ukraine Wheat | 19.50 | 33.01 | ||
| Argentina Corn | 55.00 | 53.00 | ||
| Brazil Corn | 126.00 | 116.00 | ||
| Russia Corn | 14.50 | 15.28 | ||
| S. Africa Corn | 17.30 | 16.30 | ||
| Ukraine Corn | 25.00 | 42.13 | ||
| China Corn | 271.00 | 272.55 | ||
| Argentina Soybeans | 51.00 | 44.00 | ||
| Brazil Soybeans | 149.00 | 126.00 |
The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.