Production and Ending Stocks

Dec, 2023 USDA
World Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 143,590 +1,306 -7,931
Corn 1,222,070 +1,276 +64,827
Palm Oil 79,464 0 +1,901
Rapeseed 86,979 +1,400 -1,836
Rice 518,067 +271 +5,084
Soybeans 398,882 -1,541 +24,490
Sunflowerseed 56,800 -183 +4,423
Wheat 783,008 +1,028 -6,647

World Ending Stocks, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 18,104 +2 -1,740
Corn 315,216 +228 +15,115
Palm Oil 16,189 +115 -821
Rapeseed 7,387 +846 -460
Rice 167,762 +342 -6,979
Soybeans 114,206 -308 +12,282
Sunflowerseed 3,885 -256 -214
Wheat 258,200 -485 -11,648

U.S. Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 386,969 0 +38,600
Soybeans 112,385 0 -3,831
Wheat 49,314 0 +4,416

U.S. Ending Stocks, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 54,119 -635 +19,540
Soybeans 6,681 0 -618
Wheat 17,923 -680 +2,095

China Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 277,000 0 -200
Soybeans 20,500 0 +216
Wheat 137,000 0 -723

China Ending Stocks, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 202,020 0 -4,020
Soybeans 35,690 +2,004 +1,900
Wheat 133,918 0 -4,900

EU Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 48,475 +125 -3,217
Corn 60,100 +300 +7,697
Rapeseed 20,100 0 +480
Sunflowerseed 10,650 0 +1,484
Wheat 134,300 0 +115

EU Ending Stocks, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 5,214 -12 -325
Corn 7,433 +51 +200
Rapeseed 1,583 +200 -250
Sunflowerseed 283 -60 +75
Wheat 12,819 +500 -3,700

Brazil Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 129,000 0 -8,000
Soybeans 161,000 -2,000 +1,000

Argentina Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Corn 55,000 0 +21,000
Soybeans 48,000 0 +23,000
Sunflowerseed 4,500 -200 -519
Wheat 15,000 0 +2,450

Russia Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 20,500 0 -1,000
Corn 17,000 +1,000 +1,168
Sunflowerseed 17,500 0 +1,246
Wheat 90,000 0 -2,000

Ukraine Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 6,150 0 +50
Corn 30,500 +1,000 +3,500
Sunflowerseed 14,500 0 +2,300
Wheat 22,500 0 +1,000

Canada Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 8,896 +896 -1,091
Canola 18,800 +1,000 +105
Wheat 31,954 +954 -2,381

Australia Production, thou. mt Dec, 23/24 +/- Nov, 23/24 +/- 22/23
Barley 10,000 +300 -4,137
Wheat 25,500 +1,000 -15,045

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

Romania Production, thou. mt Nov, 23/24 +/- Oct, 23/24 +/- 22/23
Barley 2,331 -28 +324
Corn 9,281 0 +1,795
Rapeseed 1,945 0 +722
Sunflowerseed 2,100 0 +21
Wheat 10,566 +22 +1,417

Bulgaria Production, thou. mt Nov, 23/24 +/- Oct, 23/24 +/- 22/23
Barley 729 0 +126
Corn 2,240 -35 -256
Rapeseed 233 0 -63
Sunflowerseed 1,625 +31 -492
Wheat 6,514 0 +340

Bulgaria Stocks, thou. mt Oct, 23/24 +/- Sep, 23/24 +/- 22/23
Barley 495 -82 +337
Corn 1,851 +845 +1,670
Rapeseed 243 -18 +194
Sunflowerseed 1,687 +93 +1,275
Wheat 4,100 -1,032 +3,105