Feed Grain Supplies Down For 2010/11

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U.S. feed grain supplies for 2010/11 are forecast at 380.3 million metric tons, down 2 million from last month and down 17.5 million from last year. The 2010 corn crop is estimated lower this month, but the sorghum crop is higher. Barley and oats production are unchanged. Imports are raised slightly to 2.1 million tons, reflecting an increase in corn imports. Beginning stocks are unchanged at 48.1 million tons.





Total feed grain use is projected slightly higher at 357.7 million tons this month. Domestic use of the four feed grains is raised 0.4 million tons this month to 304.1 million. This increase is the result of higher projected feed and residual use for sorghum. Feed grain exports for 2010/11 are lowered slightly this month to 53.6 million tons, as sorghum exports are reduced. The decrease in feed grain supplies combines with an increase in domestic use to lower expected ending stocks 2.2 million tons to 22.5 million. In 2009/10, ending stocks for the four feed grains totaled 48.1 million tons.

Feed and residual use for the four feed grains plus wheat converted to a September-August marketing year is down 2.3 million tons to 142.6 this month because of decreases in projected feeding of corn and wheat. These are partially offset by higher sorghum feeding. Grain-consuming animal units are forecast at 92.7 million, up from 92.5 million last month, due to increases in beef and broiler production in 2011, which is partially offset by lower pork production. The increase in beef production reflects placements of cattle during the fourth quarter 2010 that will be ready for slaughter during mid-2011. Broiler production was increased due to relatively heavy bird weights. Feed and residual use per animal unit is lowered to 1.54 tons, down from 1.57 tons last month.

Small supply and use changes were made for feed grains in 2009/10; production is lowered 0.4 million tons to 348.6 million. Domestic use is lowered to 294.9 million tons with a 0.5-million-ton reduction in feed and residual use to 137.1 million. Ending stocks are unchanged at 48.1 million tons for 2009/10. These changes are mainly due to lower estimated corn production for 2009/10.

Source: USDA/ERS


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