December World Agricultural Supply and Demand Estimates
All charts from Kansas State Agricultural Economics Department.
Corn Supply and Demand
Year
22
SEP/AUG YEAR #
22/23
Planted Acres (millions)
88.6
Harvested Acres (Millions)
80.8
Yield (bushels per acre)
172.3
Harvested/Planted Acres
91.2%
Production (millions)
13,930
Stocks (millions)
1,377
Imports (million)
50
TOTAL SUPPLY (millions)
15,357
Acres devoted to ethanol production (millions)
30.6
Seed
Food, Alcohol & Industrial
6,725
ethanol for fuel
5,275
Growth in corn used for ethanol
-1%
Feed & Residual
5,300
ALL DOM. USE
12,025
EXPORTS
2,075
TOTAL USAGE
14,100
ENDING STOCKS
1,257
STOCK/USE (%)
8.9%
Soybean Supply and Demand
USDA
SOYBEANS
Planted Acres
87.5
Harvested Acres
86.6
Yield
50.2
% Harvested
99.0%
Production
4,346
Stocks
274
Imports
15
TOTAL SUPPLY
4,634
Crush
2,245
102
124
2,369
2,045
4,414
220
5.0%
Wheat Supply and Demand
JUNE/MAY
45.7
35.5
46.5
0.777
1,650
669
120
2,439
66
Food
977
TOTAL DOM. USE
1,093
Grain Exports
775
Product Exports
TOTAL EXPORTS
1,868
571
STOCKS/USE (%)
30.6%