Corn Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
October
2021/22
November
2021/22
Change
2022/23
October
2022/23
November
2022/23
Change
Million Acres
Area Planted 93.3 93.3 0 88.6 88.6 0
Area Harvested 85.3 85.3 0 80.8 80.8 0
Bushels
Yield per Harvested Acre 176.7 176.7 0 171.9 172.3 .4
Million Bushels
Beginning Stocks 1,235 1,235 0 1,377 1,377 0
Production 15,074 15,074 0 13,895 13,930 35
Imports 24 24 0 50 50 0
Total Supply 16,333 16,333 0 15,322 15,357 35
Feed and Residual Use 5,715 5,717 2 5,275 5,300 25
Food, Seed, & Industrial Use 6,769 6,767 -2 6,725 6,725 0
Ethanol & by-products 5,328 5,326 -2 5,275 5,275 0
Total Domestic Use 12,484 12,484 0 12,000 12,025 25
Exports 2,471 2,471 0 2,150 2,150 0
Total Use 14,956 14,956 0 14,150 14,175 25
Ending Stocks 1,377 1,377 0 1,172 1,182 10
Other
Average Farm Price($/bushel) 6 6 0 6.8 6.8 0
Stocks to Use (%) 9.207 9.207 0 8.283 8.339 .056


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