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
 

22

SEP/AUG YEAR #

22/23

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

Seed

102

Feed & Residual

22
 

124

      ALL DOM. USE

2,369
 

 

      EXPORTS

2,045
 

 

      TOTAL USAGE

4,414
 

 

ENDING STOCKS

220
   

STOCK/USE (%)

5.0%

 

Wheat Supply and Demand

 

USDA
 

22

JUNE/MAY

22/23

 

 

Planted Acres

45.7

Harvested Acres

35.5

Yield

46.5

% Harvested

0.777

Production

1,650

Stocks

669

Imports

120

     TOTAL SUPPLY

2,439

 

 

Seed

66

Food

977

Feed & Residual

50

     TOTAL DOM. USE

1,093

 

 

Grain Exports

775

Product Exports

 

     TOTAL EXPORTS

775

 

 

     TOTAL USAGE

1,868

 

 

ENDING STOCKS

571

 

  

STOCKS/USE (%)

30.6%