Oct 9 USDA Supply/Demand Report Recap

  • USDA estimated  US 2020 corn crop 14,722 versus 14,808 expected and 14,900 in Sep
  • USDA estimated  US 2020 soybean crop 4,268 versus 4,282 expected and 4,313 in Sep
  • USDA estimated US 2020/21 corn carryout at 2,167 versus 2,113 expected and 2,503 in Sep
  • USDA estimated US 2020/21 soybean carryout at 290 versus 369 expected and 460 in Sep
  • USDA estimated US 2020/21 wheat carryout at 883 versus 887 expected and 925 in Sep
  • USDA estimated World 2020/21 corn carryout at 300.4 mmt vs 300.1 expected and 306.8 in Sep
  • USDA estimated World 2020/21 soybean carryout at 88.7 mmt vs 91.3 expected and 93.6 in Sep
  • USDA estimated World 2020/21 wheat carryout at 321.4 mmt vs 317.2 expected and 319.3 in Sep

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