Corn Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2022/23
January
2022/23
February
2022/23
Change
2023/24
January
2023/24
February
2023/24
Change
Million Acres
Area Planted 88.2 88.2 0 94.6 94.6 0
Area Harvested 78.7 78.7 0 86.5 86.5 0
Bushels
Yield per Harvested Acre 173.4 173.4 0 177.3 177.3 0
Million Bushels
Beginning Stocks 1,377 1,377 0 1,360 1,360 0
Production 13,651 13,651 0 15,342 15,342 0
Imports 39 39 0 25 25 0
Total Supply 15,066 15,066 0 16,727 16,727 0
Feed and Residual Use 5,486 5,487 1 5,675 5,675 0
Food, Seed, & Industrial Use 6,559 6,558 -1 6,790 6,780 -10
Ethanol & by-products 5,176 5,176 0 5,375 5,375 0
Total Domestic Use 12,045 12,045 0 12,465 12,455 -10
Exports 1,661 1,661 0 2,100 2,100 0
Total Use 13,706 13,706 0 14,565 14,555 -10
Ending Stocks 1,360 1,360 0 2,162 2,172 10
Other
Average Farm Price($/bushel) 6.54 6.54 0 4.8 4.8 0
Stocks to Use (%) 9.923 9.923 0 14.844 14.923 .079


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