Soybeans Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
March
2023/24
April
2023/24
Change
2024/25
March
2024/25
April
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 25 5
Total Supply 4,447 4,447 0 4,729 4,734 5
Crushings 2,285 2,285 0 2,410 2,420 10
Exports 1,695 1,695 0 1,825 1,825 0
Seed 78 75 -3 75 72 -3
Residual 47 49 2 39 42 3
Total Use 4,105 4,105 0 4,349 4,359 10
Ending Stocks 342 342 0 380 375 -5
Other
Average Farm Price($/bushel) 12.4 12.4 0 9.95 9.95 0
Stocks to Use (%) 8.331 8.331 0 8.738 8.603 -.135


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