Soybeans Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
January
2023/24
February
2023/24
Change
2024/25
January
2024/25
February
2024/25
Change
Million Acres
Area Planted 83.6 83.6 0 87.1 87.1 0
Area Harvested 82.3 82.3 0 86.1 86.1 0
Bushels
Yield per Harvested Acre 50.6 50.6 0 50.7 50.7 0
Million Bushels
Beginning Stocks 264 264 0 342 342 0
Production 4,162 4,162 0 4,366 4,366 0
Imports 21 21 0 20 20 0
Total Supply 4,447 4,447 0 4,729 4,729 0
Crushings 2,287 2,287 0 2,410 2,410 0
Exports 1,695 1,695 0 1,825 1,825 0
Seed 78 78 0 78 78 0
Residual 45 45 0 36 36 0
Total Use 4,105 4,105 0 4,349 4,349 0
Ending Stocks 342 342 0 380 380 0
Other
Average Farm Price($/bushel) 12.4 12.4 0 10.2 10.1 -.1
Stocks to Use (%) 8.331 8.331 0 8.738 8.738 0


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