Soybeans Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
April
2021/22
May
2021/22
Change
2022/23
May
Million Acres
Area Planted 87.2 87.2 0 91
Area Harvested 86.3 86.3 0 90.1
Bushels
Yield per Harvested Acre 51.4 51.4 0 51.5
Million Bushels
Beginning Stocks 257 257 0 235
Production 4,435 4,435 0 4,640
Imports 15 15 0 15
Total Supply 4,707 4,707 0 4,890
Crushings 2,215 2,215 0 2,255
Exports 2,115 2,140 25 2,200
Seed 106 106 0 102
Residual 12 12 0 23
Total Use 4,447 4,472 25 4,580
Ending Stocks 260 235 -25 310
Other
Average Farm Price($/bushel) 13.25 13.25 0 14.4
Stocks to Use (%) 5.847 5.255 -.592 6.769


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