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USDA May 2021 S&D Estimates

May 12, 2021

US 2021/22 Grain & Soybean Production

  Actual Average Range of Est. USDA Outlook USDA 2020/21
Corn   15.029 14.566-15.218 15.150 14.182
Soybeans   4.431 4.370-4.563 4.525 4.135
Wheat   1.871 1.769-1.976 1.827 1.826

US 2021/22 Grain & Soybean Ending Stocks

  Actual Average Range of Est. USDA Outlook
Corn   1.344 1.100-1.622 1.522
Soybeans   0.138 0.110-0.230 0.145
Wheat   0.730 0.644-0.837 0.698

US 2020/21 Grain & Soybean Ending Stocks

  Actual Average Range of Est. April 2020
Corn   1.275 1.135-1.361 1.352
Soybeans   0.117 0.105-0.120 0.120
Wheat   0.846 0.827-0.862 0.852

World 2021/22 Grain & Soybean Ending Stocks

  Actual Average Range of Est.
Corn   283.06 269.30-295.08
Soybeans   88.12 78.73-94.00
Wheat   294.29 283.68-302.80

World 2020/21 Grain & Soybean Ending Stocks

  Actual Average Range of Est. April 2020
Corn   279.47 275.00-285.34 283.85
Soybeans   86.53 84.63-87.90 86.87
Wheat   295.38 293.00-302.00 295.52

US 2021/22 Wheat Production

  Actual Average Range of Est. USDA 2020/21
All Wheat   1.871 1.769-1.976 1.826
All Winter Wheat   1.256 1.100-1.374 1.171
HRW   0.711 0.640-0.784 0.659
SRW   0.311 0.270-0.354 0.266
White   0.232 0.185-0.265 0.246

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