Soybean Meal Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
October
2021/22
November
2021/22
Change
2022/23
October
2022/23
November
2022/23
Change
Thousand Short Tons
Beginning Stocks 341 341 0 400 311 -89
Production 51,834 51,811 -23 52,600 52,839 239
Imports 625 649 24 600 600 0
Total Supply 52,800 52,800 0 53,600 53,750 150
Domestic Disappearance 38,800 38,966 166 39,450 39,700 250
Exports 13,600 13,524 -76 13,700 13,700 0
Total Use 52,400 52,490 90 53,150 53,400 250
Ending Stocks 400 311 -89 450 350 -100
Other
Average Price($/Short Ton) 439.81 439.81 0 390 400 10
Stocks to Use (%) 0.763 0.592 -.171 0.847 0.655 -.192


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