USDA Sep 10 Crop Report Review

  • Report mostly in line with expectations
  • USDA estimate US Sep corn yield near 176.3 vs 175.8 expected and 172.0 last year
  • USDA estimate US 2021 corn planted acres near 93.3 vs 92.7 in August and 90.8 last year
  • USDA estimate US 20/21 corn carryout near 1,187 vs 1,117 in Aug. 21/22 1,408 vs 1,242 in Aug
  • USDA estimate Brazil corn crop at 86.0 vs 87.0 in Aug. Argentina 50.0 vs 48.5 in Aug
  • USDA estimate US Sep soybean yield near 50.6 vs 50.0 expected and 50.2 last year
  • USDA estimate US 2021 soybean planted acres near 87.2 vs 87.6 in August and 83.1 last year
  • USDA estimate US 20/21 soybean carryout near 175 vs 160 in Aug. 21/22 185 vs 155 in Aug
  • USDA estimate Brazil soybean crop at 137.0 vs 137.0 in Aug. Argentina 46.0 vs 46.0 in Aug
  • USDA estimate US 2021 all wheat planted acres near 46.7 vs 46.7 in August and 44.3 last year
  • USDA estimate US 21/22 wheat carryout near 615 vs 616 expected and 844 last year


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