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| AVERAGE YIELD 2004-2012 BU. PER ACRE
2004 ..... actual 42.2
2005 ..... actual 43.1
2006 ..... actual 42.9
2007 ..... actual 41.7
2008 ..... actual 39.7
2009 ..... actual 44
2013 actual 44
2014 actual 48
2015 estimate 44
YIELD AVERAGE 43.29
2015 harvested acres 86,000
2015 production 3,722,844
carry&imports 395,000
2014 demand (3,750,000)
ENDING STOCKS 367,844
DO these figures look reasonable? All of this talk of 500 to 600 million ending stocks seems a little high for an estimate but I might be missing something. Opinions are greatly appreciated. A weather scare could really change things up in my opinion. plug in a yield of 40 bushels per acre and ending stocks would fall to 85 million based on my figures?
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2015 SOYBEAN ENDING STOCK ESTIMATES
