Soybean Meal Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
June
2023/24
July
2023/24
Change
2024/25
June
2024/25
July
2024/25
Change
Thousand Short Tons
Beginning Stocks 371 371 0 400 400 0
Production 54,004 54,004 0 57,075 57,075 0
Imports 650 650 0 600 600 0
Total Supply 55,025 55,025 0 58,075 58,075 0
Domestic Disappearance 38,625 38,625 0 40,125 40,125 0
Exports 16,000 16,000 0 17,500 17,500 0
Total Use 54,625 54,625 0 57,625 57,625 0
Ending Stocks 400 400 0 450 450 0
Other
Average Price($/Short Ton) 380 390 10 330 330 0
Stocks to Use (%) 0.732 0.732 0 0.781 0.781 0


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