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Corn Stocks Down 4 Percent from December 2010

January 12, 2012
 
 

Corn stored in all positions on December 1, 2011 totaled 9.64 billion bushels, down 4 percent from December 1, 2010. Of the total stocks, 6.18 billion bushels are stored on farms, down 2 percent from a year earlier.

Off-farm stocks, at 3.47 billion bushels, are down 8 percent from a year ago. The September - November 2011 indicated disappearance is 3.84 billion bushels, compared with 4.10 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2011 totaled 2.37 billion bushels, up 4 percent from December 1, 2010. Soybean stocks stored on farms totaled 1.14 billion bushels, up 4 percent from a year ago. Off-farm stocks, at 1.23 billion bushels, are up 3 percent from last December. Indicated disappearance for September - November 2011 totaled 905 million bushels, down
25 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2011 totaled 1.66 billion bushels, down 14 percent from a year ago. On-farm stocks are estimated at 405 million bushels, down 26 percent from last December. Off-farm stocks, at 1.25 billion bushels, are down 10 percent from a year ago. The
September - November 2011 indicated disappearance is 490 million bushels, down 5 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2011 totaled 47.8 million bushels, down 30 percent from a year ago. On-farm stocks, at 24.5 million bushels, are down 47 percent from December 1, 2010. Off-farm stocks totaled 23.3 million bushels, up 7 percent from a year ago. The September - November 2011 indicated disappearance of 15.9 million bushels is down 50 percent from the same period a year earlier.

Barley stored in all positions on December 1, 2011 totaled 134 million bushels, down 26 percent from December 1, 2010. On-farm stocks are estimated at 55.3 million bushels, 40 percent below a year ago. Off-farm stocks, at 78.3 million bushels, are 12 percent below December 2010. The
September - November 2011 indicated disappearance is 41.5 million bushels, 5 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2011 totaled 78.6 million bushels, 22 percent below the stocks on December 1, 2010. Of the total stocks on hand, 24.4 million bushels are stored on farms, down 28 percent from a year ago. Off-farm stocks totaled 54.2 million bushels, down 19 percent from the previous year.

Grain sorghum stored in all positions on December 1, 2011 totaled 150 million bushels, down 37 percent from a year ago. On-farm stocks, at 27.9 million bushels, are down 9 percent from December 1 last year. Off-farm stocks, at 122 million bushels, are down 41 percent from a year earlier. The September - November 2011 indicated disappearance from all positions is 92.1 million bushels, down 38 percent from the same period in 2010.

Pulse crops stored in all positions on December 1, 2011 and the change from December 1, 2010 are: dry edible peas, 3.96 million cwt, down 53 percent; lentils, 3.94 million cwt, down 11 percent; Austrian winter peas, 129,000 cwt, down 33 percent; all chickpeas, 1,061,000 cwt, up 1 percent;
small chickpeas, 420,000 cwt, up 24 percent; and large chickpeas, 641,000 cwt, down 10 percent. Small chickpeas are defined as peas that will pass through a 20/64 inch round hole screen.

This report was approved on January 12, 2012.

 

See the full report.

...................

Complete November report coverage.

See the grain stocks reports that came out this morning. Stay tuned for report analysis.

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