US grain and soybean ending stocks (in billions of bushels)

2020/21

USDA

Feb

Average

Range

2020/21

USDA

Jan

2019/20

USDA

Feb

Wheat

0.836

0.834

0.807-0.864

0.836

1.028

Corn

1.502

1.392

1.108-1.515

1.552

1.919

Soybeans

0.120

0.123

0.105-0.140

0.140

0.525

World Grain Carryout (in million metric tons)

2020/21

USDA

Feb

Average

Range

2020/21

USDA

Jan

2019/20

USDA

Feb

Wheat

304.22

312.86

310.00-316.10

313.19

300.10

Corn

286.53

279.79

270.50-287.60

283.83

303.00

Soybeans

83.36

83.30

78.00-85.60

84.31

94.85

South American corn and soy production, in millions of tonnes:

USDA

2020/21

 Feb

Average

Range

USDA

2020/21

 Jan

USDA

2019/20

Feb

ARGENTINA

Corn

47.50

47.03

44.50-47.50

47.50

51.00

Soybeans

48.00

47.64

46.00-48.50

48.00

48.80

BRAZIL

Corn

109.00

108.40

105.00-110.22

109.00

102.00

Soybeans

133.00

132.46

129.00-134.50

133.00

126.00