Corn Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
April
2021/22
May
2021/22
Change
2022/23
May
Million Acres
Area Planted 93.4 93.4 0 89.5
Area Harvested 85.4 85.4 0 81.7
Bushels
Yield per Harvested Acre 177 177 0 177
Million Bushels
Beginning Stocks 1,235 1,235 0 1,440
Production 15,115 15,115 0 14,460
Imports 25 25 0 25
Total Supply 16,375 16,375 0 15,925
Feed and Residual Use 5,625 5,625 0 5,350
Food, Seed, & Industrial Use 6,810 6,810 0 6,815
Ethanol & by-products 5,375 5,375 0 5,375
Total Domestic Use 12,435 12,435 0 12,165
Exports 2,500 2,500 0 2,400
Total Use 14,935 14,935 0 14,565
Ending Stocks 1,440 1,440 0 1,360
Other
Average Farm Price($/bushel) 5.8 5.9 .1 6.75
Stocks to Use (%) 11.58 11.58 0 11.18


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