Wheat Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2023/24
February
2023/24
March
2023/24
Change
2024/25
February
2024/25
March
2024/25
Change
Million Acres
Area Planted 49.6 49.6 0 46.1 46.1 0
Area Harvested 37.1 37.1 0 38.5 38.5 0
Bushels
Yield per Harvested Acre 48.7 48.7 0 51.2 51.2 0
Million Bushels
Beginning Stocks 570 570 0 696 696 0
Production 1,804 1,804 0 1,971 1,971 0
Imports 138 138 0 130 140 10
Total Supply 2,512 2,512 0 2,798 2,808 10
Food 961 961 0 970 970 0
Seed 62 62 0 64 64 0
Feed and Residual 85 85 0 120 120 0
Total Domestic Use 1,108 1,108 0 1,154 1,154 0
Exports 707 707 0 850 835 -15
Total Use 1,815 1,815 0 2,004 1,989 -15
Ending Stocks 696 696 0 794 819 25
Other
Average Farm Price($/bushel) 6.96 6.96 0 5.55 5.5 -.05
Stocks to Use (%) 38.347 38.347 0 39.621 41.176 1.555


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