U.S. Feed Grain and Corn Supply and Use 1/ ============================================================================ Item 2019/2020 2020/2021 prev Jul 10 prev Jul 10 ============================================================================ FEED GRAINS Million acres Area Planted 100.5 100.5 108.7 * 103.6 * Harvested 89.0 89.0 98.3 * 92.1 * Yield per harvested Metric tons acre 4.03 4.03 4.28 4.28 Million metric tons Beginning stocks 60.5 60.5 56.6 60.2 Production 359.0 359.0 420.2 394.0 Imports 2.9 2.9 2.4 2.4 Supply, total 422.4 422.4 479.3 456.6 Feed and residual 149.2 146.6 158.1 152.3 Food, seed & industrial 166.1 165.1 173.2 173.7 Domestic, total 315.2 311.7 331.2 326.0 Exports 50.6 50.6 60.3 60.3 Use, total 365.8 362.2 391.6 386.3 Ending stocks, total 56.6 60.2 87.7 70.3 CORN Area Million acres Planted 89.7 89.7 97.0 * 92.0 * Harvested 81.3 81.3 89.6 * 84.0 * Yield per harvested Bushels acre 167.4 167.4 178.5 * 178.5 * Million bushels Beginning stocks 2,221 2,221 2,103 2,248 Production 13,617 13,617 15,995 15,000 Imports 45 45 25 25 Supply, total 15,883 15,883 18,123 17,273 Feed and residual 5,700 5,600 6,050 5,850 Food, seed & industrial 2/ 6,305 6,260 6,600 6,625 Ethanol for fuel 3/ 4,900 4,850 5,200 5,200 Domestic, total 12,005 11,860 12,650 12,475 Exports 1,775 1,775 2,150 2,150 Use, total 13,780 13,635 14,800 14,625 Ending stocks, total 2,103 2,248 3,323 2,648 Avg. farm prc ($/bu) 4/ 3.60 3.60 3.20 3.35 ============================================================================ Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for corn and sorghum; June 1 for barley and oats. 2/ For a breakout of FSI corn uses see Feed Outlook table 5 or access the data on the Web through the Feed Grains Database at www.ers.usda.gov/data-products/feed-grains-database.aspx. 3/ Corn processed in ethanol plants to produce ethanol and by-products including distillers' grains corn gluten feed corn gluten meal and corn oil. 4/ Marketing-year weighted average price received by farmers. * For June planted acres reported in the March 31 2020 "Prospective Plantings." Harvested acres projected based on historical abandonment and use for silage. For July corn planted and harvested area as reported in the June 30 2020 "Acreage." The yield projection is based on a weather-adjusted trend assuming normal mid-May planting progress and summer growing season weather estimated using the 1988-2019 time period and includes a downward stochastic adjustment to account for the asymmetric response of yield to July precipitation. Write to Rose Ridinger at csstat@dowjones.com
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Market Closed - Chicago Board Of Trade 14:18:13 2024-05-02 EDT | 5-day change | 1st Jan Change | ||
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Stocks mentioned in the article
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Capi.
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689.5 USc | +2.07% | -.--% | - | ||
586.5 USc | +0.86% | -0.60% | - | ||
379.6 PTS | +2.00% | +2.51% | - | ||
83.61 USD | +0.07% | -5.03% | - | ||
78.88 USD | -0.03% | -4.52% | - | ||
1.09 USD | +0.83% | +7.50% | - | ||
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- USDA Supply/Demand : U.S. Feed Grain and Corn - Jul 10