June 14, 2011

 

US feed grain supplies projected sharply lower for 2011

 

 

Projections of US feed grain production for 2011-12 have lowered by 7.7 million tonnes, on reduced prospects for corn acreage in the country.

 

Production for 2011-12 is projected at 348.3 million tonnes. Total use is 2.5 million tonnes below last month's projection as higher prices reduce prospects for feed and residual use. Ending stocks are projected sharply at 20.7 million tonnes, a 5.3-million-tonnes decrease of lower than last month from May's estimate and the lowest level since the 1995-96 crop year.

 

Feed and residual use for the four feed grains plus wheat, on a September-August marketing year basis, is lowered by 3.7 million tonnes to 138.0 million. Grain-consuming animal units (GCAUs) for 2011-12 are projected unchanged from last month at 94.2 million compared with 92.7 million in 2010-11.

 

Projected 2011-12 feed grain exports are increased slightly to 49.4 million tonnes, compared with 49.3 million last month, on higher projected sorghum shipments.

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