Soybeans 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
Million Acres
Area Planted 87.2 87.2 0 87.5 87.5 0
Area Harvested 86.3 86.3 0 86.6 86.6 0
Bushels
Yield per Harvested Acre 51.7 51.7 0 49.8 50.2 .4
Million Bushels
Beginning Stocks 257 257 0 274 274 0
Production 4,465 4,465 0 4,313 4,346 33
Imports 16 16 0 15 15 0
Total Supply 4,738 4,738 0 4,602 4,634 32
Crushings 2,204 2,204 0 2,235 2,245 10
Exports 2,158 2,158 0 2,045 2,045 0
Seed 102 102 0 102 102 0
Residual 2 2 0 20 22 2
Total Use 4,465 4,465 0 4,402 4,414 12
Ending Stocks 274 274 0 200 220 20
Other
Average Farm Price($/bushel) 13.3 13.3 0 14 14 0
Stocks to Use (%) 6.137 6.137 0 4.543 4.984 .441


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