Wheat Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2022/23
March
2022/23
April
2022/23
Change
2023/24
March
2023/24
April
2023/24
Change
Million Acres
Area Planted 45.8 45.8 0 49.6 49.6 0
Area Harvested 35.5 35.5 0 37.3 37.3 0
Bushels
Yield per Harvested Acre 46.5 46.5 0 48.6 48.6 0
Million Bushels
Beginning Stocks 674 674 0 570 570 0
Production 1,650 1,650 0 1,812 1,812 0
Imports 122 122 0 145 140 -5
Total Supply 2,446 2,446 0 2,527 2,522 -5
Food 973 973 0 960 960 0
Seed 68 68 0 64 64 0
Feed and Residual 77 77 0 120 90 -30
Total Domestic Use 1,118 1,118 0 1,144 1,114 -30
Exports 759 759 0 710 710 0
Total Use 1,876 1,876 0 1,854 1,824 -30
Ending Stocks 570 570 0 673 698 25
Other
Average Farm Price($/bushel) 8.83 8.83 0 7.15 7.1 -.05
Stocks to Use (%) 30.384 30.384 0 36.3 38.268 1.968


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