September 15, 2010

US feed grain supply expected to reach 349 million tonnes

US feed grain production in 2010/11 is forecast at 349.1 million tonnes, down 5.4 million from a month ago and up slightly from 2009/10.

Corn and sorghum production are both down from last month.

Forecast beginning stocks are down 900,000 tonnes from last month and down 7.3 million from last year. Feed grain supplies in 2010/11 are forecast at 390.7 million tonnes, down 6.5 million from last month. Feed grain supplies are down 7.6 million tonnes from last year.

Total feed grain use in 2010/11 is projected down 1.3 million tonnes this month to 358.7 million. Total use is up slightly from 2009/10. Lower feed and residual use is partially offset by higher exports for both corn and sorghum. Feed grain use in food, seed, and industrial (FSI) use remains unchanged for 2010/11.

For 2009/10, feed grain use for FSI is raised 900,000 tonnes this month due to increased corn use for ethanol production. Exports are also raised slightly to 54.7 million this month, reflecting increasing shipments to date of corn, partially offset by lower sorghum exports. This lowers projected ending stocks to 39.7 million tonnes for 2009/10.