Wheat Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2024/25
September
2024/25
November
2024/25
Change
2025/26
September
2025/26
November
2025/26
Change
Million Acres
Area Planted 46.1 46.3 .2 45.4 45.3 -.1
Area Harvested 38.5 38.6 .1 36.6 37.2 .6
Bushels
Yield per Harvested Acre 51.2 51.2 0 52.7 53.3 .6
Million Bushels
Beginning Stocks 696 696 0 851 851 0
Production 1,971 1,979 8 1,927 1,985 58
Imports 149 149 0 120 120 0
Total Supply 2,817 2,824 7 2,898 2,955 57
Food 969 969 0 972 972 0
Seed 62 62 0 62 62 0
Feed and Residual 109 117 8 120 120 0
Total Domestic Use 1,140 1,148 8 1,154 1,154 0
Exports 826 826 0 900 900 0
Total Use 1,966 1,974 8 2,054 2,054 0
Ending Stocks 851 851 0 844 901 57
Other
Average Farm Price($/bushel) 5.52 5.52 0 5.1 5 -.1
Stocks to Use (%) 43.286 43.11 -.176 41.091 43.866 2.775


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