Domestic supply and use unchanged from last month

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Projected U.S. feed grain supplies for 2011/12 remain at 358.4 million metric tons this month, unchanged from last month’s projection but down 5.8 percent from 2010/11. Total use of the four feed grains for 2011/12 is expected to be 335.5 million metric tons, 3.7 percent lower than last marketing year. With 2011/12 production plus imports less than demand, ending stocks are projected at 22.9 million metric tons, 29 percent below last marketing year, and the lowest carryout since the 1995/96 marketing year.

The 2011/12 feed and residual use projection for the four feed grains plus wheat is increased by 0.9 million metric tons from last month due to higher forecast feed wheat use. At 127.2 million metric tons, it is projected 3.6 million below the 2010/11 total of 129.9 million. Grain consuming animal units (GCAUs) in 2011/12 are projected at 93.65 million units, 0.3 percent below last month’s projection. Feed and residual use per animal unit is 1.36 metric tons, slightly higher than last month and 0.04 million metric tons less than the 2010/11 marketing year.


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