Sorghum Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
February
2023/24
March
2023/24
Change
2024/25
February
2024/25
March
2024/25
Change
Million Acres
Area Planted 7.2 7.2 0 6.3 6.3 0
Area Harvested 6.1 6.1 0 5.6 5.6 0
Bushels
Yield per Harvested Acre 52 52 0 61.3 61.3 0
Million Bushels
Beginning Stocks 24 24 0 33 33 0
Production 318 318 0 344 344 0
Imports 0 0 0 0 0 0
Total Supply 342 342 0 377 377 0
Feed and Residual Use 46 46 0 105 155 50
Food, Seed, & Industrial Use 24 24 0 70 70 0
Total Domestic Use 70 70 0 175 225 50
Exports 239 239 0 170 100 -70
Total Use 309 309 0 345 325 -20
Ending Stocks 33 33 0 32 52 20
Other
Average Farm Price($/bushel) 4.93 4.93 0 4.25 4.15 -.10
Stocks to Use (%) 10.68 10.68 0 9.275 16 6.725


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