Written Commentary
USDA estimated US 2020 corn crop at 14,507 mil bu versus 14,659 expected and 14,722 in Oct
USDA estimated US 2020 soybean crop at 4,170 mil bu versus 4,251 expected and 4,268 in Oct
USDA estimated US 2020/21 corn carryout at 1,702 mil bu versus 2,033 expected and 2,167 in Oct
USDA estimated US 2020/21 soybean carryout at 190 mil bu versus 235 expected and 290 in Oct
USDA estimated US 2020/21 wheat carryout at 877 mil bu versus 881 expected and 883 in Oct
USDA estimated World 2020/21 corn carryout at 291.4 mmt versus 296.3 expected and 300.4 in Oct
USDA estimated World 2020/21 soybean carryout at 86.5 mmt versus 87.4 expected and 88.7 in Oct
USDA estimated World 2020/21 wheat carryout at 320.4 mmt versus 319.7 expected and 321.4 in Oct
USDA estimated US 2020/21 corn exports at 2,650 mil bu versus 2,325 in Oct
USDA estimated US 2020/21 soybean exports at 2,200 mil bu versus 2,200 in Oct
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