Based on my end of the month calculation using 2020-2021 marketing year averages for the cmdty National Price Indexes for SRW, HRS, and HRW, domestic wheat stocks-to-use at the end of December showed another decrease. The combined cash price index came in at $4.80, a price that correlates to an all wheat stocks-to-use of 43.8%. The end of November saw the cash index at $4.70, correlating to a stocks-to-use calculation of 44.7%. With the January round of USDA Supply and Demand reports still a couple weeks away, and possibly in question if the government shuts down again, its December estimates resulted in a stocks-to-use for the end of November (approximately) of 40.8%.