August 12 USDA Report

  • USDA estimated U.S. 2020 corn crop near 15,278 versus 15,174 expected and 13,617 last year.

  • USDA estimated U.S. 2020 soybean crop near 4,425 versus 4,254 expected and 3,552 last year.

  • USDA estimated U.S. 2020 wheat crop near 1,838 versus 1,832 expected and 1,920 last year.

  • USDA estimated U.S. 2020/21 corn carryout near 2,756 versus 2,800 expected and 2,248 last year.

  • USDA estimated U.S. 2020/21 soybean carryout near 610 versus 524 expected and 620 last year.

  • USDA estimated U.S. 2020/21 wheat carryout near 925 versus 946 expected and 1,044 last year.

  • USDA estimated World 2020/21 corn carryout near 316.8 mmt versus 320.3 expected and 311.9 last year.

  • USDA estimated World 2020/21 soybean carryout near 95.8 mmt versus 97.5 expected and 99.6 last year.

  • USDA estimated World 2020/21 wheat carryout near 316.8 mmt versus 313.8 expected and 297.1 last year.

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