Soybeans Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
May
2023/24
June
2023/24
Change
2024/25
May
2024/25
June
2024/25
Change
Million Acres
Area Planted 83.6 83.6 0 86.5 86.5 0
Area Harvested 82.4 82.4 0 85.6 85.6 0
Bushels
Yield per Harvested Acre 50.6 50.6 0 52 52 0
Million Bushels
Beginning Stocks 264 264 0 340 350 10
Production 4,165 4,165 0 4,450 4,450 0
Imports 25 25 0 15 15 0
Total Supply 4,454 4,454 0 4,805 4,815 10
Crushings 2,300 2,290 -10 2,425 2,425 0
Exports 1,700 1,700 0 1,825 1,825 0
Seed 77 77 0 78 78 0
Residual 37 37 0 32 32 0
Total Use 4,114 4,104 -10 4,360 4,360 0
Ending Stocks 340 350 10 445 455 10
Other
Average Farm Price($/bushel) 12.55 12.55 0 11.2 11.2 0
Stocks to Use (%) 8.264 8.528 .264 10.206 10.436 .230


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