U.S. Feed Grain and Corn Supply and Use 1/ ============================================================================ Item 2020/2021 2021/2022 prev Jun 10 prev Jun 10 ============================================================================ FEED GRAINS Million acres Area Planted 102.3 102.3 103.2 * 103.2 * Harvested 90.7 90.7 92.6 * 92.6 * Yield per harvested Metric tons acre 4.13 4.13 4.28 4.28 Million metric tons Beginning stocks 51.8 51.8 34.7 30.9 Production 374.3 374.3 395.9 395.9 Imports 2.3 2.3 2.4 2.4 Supply, total 428.4 428.4 433.0 429.2 Feed and residual 148.3 148.3 148.1 148.1 Food, seed & industrial 166.9 168.8 172.5 172.5 Domestic, total 315.2 317.1 320.6 320.6 Exports 78.5 80.5 71.4 71.4 Use, total 393.7 397.5 392.0 392.0 Ending stocks, total 34.7 30.9 41.0 37.1 CORN Area Million acres Planted 90.8 90.8 91.1 * 91.1 * Harvested 82.5 82.5 83.5 * 83.5 * Yield per harvested Bushels acre 172.0 172.0 179.5 * 179.5 * Million bushels Beginning stocks 1,919 1,919 1,257 1,107 Production 14,182 14,182 14,990 14,990 Imports 25 25 25 25 Supply, total 16,127 16,127 16,272 16,122 Feed and residual 5,700 5,700 5,700 5,700 Food, seed & industrial 2/ 6,395 6,470 6,615 6,615 Ethanol for fuel 3/ 4,975 5,050 5,200 5,200 Domestic, total 12,095 12,170 12,315 12,315 Exports 2,775 2,850 2,450 2,450 Use, total 14,870 15,020 14,765 14,765 Ending stocks, total 1,257 1,107 1,507 1,357 Avg. farm prc ($/bu) 4/ 4.35 4.35 5.70 5.70 ============================================================================ 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. * Planted acres reported in the March 31, 2021, 'Prospective Plantings.' For corn, harvested acres projected based on historical abandonment and use for silage. The yield projection is based on a weather-adjusted trend assuming normal mid-May planting progress and summer growing season weather, estimated using the 1988-2020 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
(END) Dow Jones Newswires
06-10-21 1217ET