Production and Ending Stocks

Mar, 2024 USDA
World Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 142,224 -558 -7,425
Corn 1,230,241 -2,329 +72,710
Palm Oil 79,464 0 +1,401
Rapeseed 88,068 +625 -766
Rice 515,388 +1,653 +815
Soybeans 396,850 -1,360 +18,795
Sunflowerseed 54,914 -161 +2,529
Wheat 786,701 +960 -2,473

World Ending Stocks, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 18,544 +128 -1,526
Corn 319,626 -2,433 +19,377
Palm Oil 17,220 +474 -296
Rapeseed 8,065 +70 -642
Rice 169,702 +2,520 -7,477
Soybeans 114,268 -1,758 +12,119
Sunflowerseed 3,026 -96 -929
Wheat 258,826 -613 -12,274

U.S. Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 389,694 0 +42,955
Soybeans 113,344 0 -2,877
Wheat 49,314 0 +4,416

U.S. Ending Stocks, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 55,166 0 +20,615
Soybeans 8,571 0 +1,381
Wheat 18,304 +409 +2,803

China Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 288,842 0 +11,642
Soybeans 20,840 0 +556
Wheat 136,590 0 -1,133

China Ending Stocks, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 211,862 0 +5,822
Soybeans 37,580 +1,550 +5,240
Wheat 132,008 -1,000 -6,810

EU Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 47,500 0 -4,192
Corn 60,100 0 +7,697
Rapeseed 20,000 -50 +380
Sunflowerseed 10,200 0 +1,019
Wheat 133,650 -350 -535

EU Ending Stocks, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 5,039 0 -500
Corn 7,233 0 0
Rapeseed 1,533 0 -300
Sunflowerseed 438 +100 +225
Wheat 15,169 -350 -1,350

Brazil Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 124,000 0 -13,000
Soybeans 155,000 -1,000 -7,000

Argentina Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Corn 56,000 +1,000 +20,000
Soybeans 50,000 0 +25,000
Sunflowerseed 4,100 0 -919
Wheat 15,900 +400 +3,350

Russia Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 20,500 0 -1,000
Corn 16,600 -400 +768
Sunflowerseed 17,100 0 +846
Wheat 91,500 +500 -500

Ukraine Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 6,350 0 +250
Corn 29,500 -1,000 +2,500
Sunflowerseed 14,500 0 +2,300
Wheat 23,400 0 +1,900

Canada Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 8,896 0 -1,091
Canola 18,800 0 +105
Wheat 31,954 0 -2,381

Australia Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 10,800 +800 -3,337
Wheat 26,000 +500 -14,545

Turkey Production, thou. mt Mar, 23/24 +/- Feb, 23/24 +/- 22/23
Barley 8,000 0 +600
Sunflowerseed 1,550 0 -350
Wheat 19,500 0 +2,250

Romania Production, thou. mt Feb, 23/24 +/- Jan, 23/24 +/- 22/23
Barley 2,316 -15 +609
Corn 10,926 +595 +2,889
Rapeseed 1,945 0 +715
Sunflowerseed 2,319 0 +212
Wheat 10,142 -448 +1,481

Bulgaria Production, thou. mt Feb, 23/24 +/- Jan, 23/24 +/- 22/23
Barley 729 0 +126
Corn 2,245 0 -251
Rapeseed 233 0 -63
Sunflowerseed 1,623 0 -494
Wheat 6,514 0 +340

Bulgaria Stocks, thou. mt Feb, 23/24 +/- Jan, 23/24 Jun, 22/23
Barley 249 -71 121
Corn 1,812 -85 502
Rapeseed 110 -51 12
Sunflowerseed 950 -59 412
Wheat 2,403 -295 958

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