Skip Navigation

WASDE Report

WASDE Report

The March 2020 WASDE Report was released March 11, 2020 

Corn
For 2019/20 United States Carryout, the report estimated corn carryout would be 1.892 billion bushels (unchanged from the February WASDE).  The average pre-report estimate of analysts was 1.888 billion bushels.  The previous year (2018/19) the corn carryout was 2.2211 billion bushels.

For 2019/20 World Carryout, the report estimated corn carryout would be 297.3 million metric tons (up from the February 2020 WASDE estimate of 296.84 million metric tons).  The average pre-report estimate of analysts was 297.25 million metric tons.  The precious year (2018/19) World carryout was 320.47 million metric tons.

For 2019/20 South American Production, the report estimated Brazilian Corn production at 101 million metric tons (unchanged from the February 2020 WASDE estimate).  The average pre-report estimate of analysts was 101.01 million metric tons.  The report estimated Argentina Corn production at 50 million metric tons (unchanged from the February 2020 WASDE estimate).  The average pre-report estimate of analysts was 50.47 million metric tons. 

Soybeans
For 2019/20 United States Carryout, the report estimated soybean carryout would be 0.425 billion bushels (unchanged from the February WASDE).  The average pre-report estimate of analysts was 0.426 billion bushels.  The previous year (2018/19) the soybean carryout was 0.909 billion bushels.

For 2019/20 World Carryout, the report estimated soybeans carryout would be 102.4 million metric tons (up from the 98.86 million metric tons recorded in the February WASDE).  The average pre-report estimate of analysts was 99.3 million metric tons.  The previous year (2018/19), the World carryout was 111.22 million metric tons.

For 2019/20 South American Production, the report estimated Brazilian Soybean production at 126 million metric tons (up from the 125 recorded in the February 2020 WASDE estimate).  The average pre-report estimate of analysts was 125.03 million metric tons.  The report estimated Argentina Soybean production at 54 million metric tons (up from the 53 million metric tons recorded in the February 2020 WASDE).  The average pre-report estimate of analysts was 54 million metric tons.
 
Wheat
For 2019/20 United States Carryout, the report estimated wheat carryout would be 0.94 billion bushels (unchanged from the February WASDE).  The average pre-report estimate was 0.944 billion bushels.  The previous year (2018/19) the wheat carryout was 1.08 billion bushels. 

For 2019/20 World Carryout, the report estimated wheat carryout is 287.1 million metric tons (down from the 288.03 million metric tons recorded in the February 2020 WASDE).  The average pre-report estimate of analysts was for 288.47 million metric tons. The previous year (2018/19) the World Carryout was 277.57 million metric tons.