Soybean Meal Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
April
2021/22
May
2021/22
Change
2022/23
May
Thousand Short Tons
Beginning Stocks 341 341 0 400
Production 51,859 51,859 0 53,050
Imports 500 500 0 450
Total Supply 52,700 52,700 0 53,900
Domestic Disappearance 38,100 38,300 200 39,000
Exports 14,200 14,000 -200 14,400
Total Use 52,300 52,300 0 53,400
Ending Stocks 400 400 0 500
Other
Average Price($/Short Ton) 420 420 0 400
Stocks to Use (%) 0.765 0.765 0 0.936


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