Wheat Ending Stocks Forecast

Source: USDA OCE
GrainStats.com


WASDE 2021/22
April
2021/22
May
2021/22
Change
2022/23
May
Million Acres
Area Planted 46.7 46.7 0 47.4
Area Harvested 37.2 37.2 0 37.1
Bushels
Yield per Harvested Acre 44.3 44.3 0 46.6
Million Bushels
Beginning Stocks 845 845 0 655
Production 1,646 1,646 0 1,729
Imports 95 95 0 120
Total Supply 2,586 2,586 0 2,504
Food 959 962 3 964
Seed 64 64 0 66
Feed and Residual 100 100 0 80
Total Domestic Use 1,123 1,126 3 1,110
Exports 785 805 20 775
Total Use 1,908 1,931 23 1,885
Ending Stocks 678 655 -23 619
Other
Average Farm Price($/bushel) 7.6 7.7 .1 10.75
Stocks to Use (%) 35.535 33.92 -1.615 32.838


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