Corn Stocks Down 8% from March 2011

March 30, 2012 03:09 AM
 

Corn Stocks Down 8 Percent from March 2011

Soybean Stocks Up 10 Percent

All Wheat Stocks Down 16 Percent

Corn stocks in all positions on March 1, 2012 totaled 6.01 billion bushels, down 8 percent from March 1, 2011. Of the total stocks, 3.19 billion bushels are stored on farms, down 6 percent from a year earlier. Off-farm stocks, at 2.82 billion bushels, are down 10 percent from a year ago. The December 2011 - February 2012 indicated disappearance is 3.64 billion bushels, compared with 3.53 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2012 totaled 1.37 billion bushels, up 10 percent from March 1, 2011. Soybean stocks stored on farms are estimated at 555 million bushels, up 10 percent from a year ago. Off-farm stocks, at 817 million bushels, are up 10 percent from last March. Indicated disappearance for the December 2011 - February 2012 quarter totaled 998 million bushels, down 3 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2012 totaled 1.20 billion bushels, down 16 percent from a year ago. On-farm stocks are estimated at 217 million bushels, down 25 percent from last March. Off-farm stocks, at 983 million bushels, are down 14 percent from a year ago. The December 2011 - February 2012 indicated disappearance is 462 million bushels, down 9 percent from the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2012 totaled 35.3 million bushels, down 37 percent from a year ago. On-farm stocks, at 17.4 million bushels, are down 51 percent from March 1, 2011. Off-farm stocks totaled 17.9 million bushels, down 13 percent from a year ago. The December 2011 - February 2012 indicated disappearance of 13.2 million bushels is up 10 percent from the same period a year earlier.

Barley stocks in all positions on March 1, 2012 totaled 93.7 million bushels, down 32 percent from March 1, 2011. On-farm stocks are estimated at 26.5 million bushels, 54 percent below a year ago. Off-farm stocks, at 67.2 million bushels, are 16 percent below March 2011. The December 2011 - February 2012 indicated disappearance totaled 45.3 million bushels, 7 percent above the same period a year earlier.

 

Oats stored in all positions on March 1, 2012 totaled 72.5 million bushels, 16 percent below the stocks on March 1, 2011. Of the total stocks on hand, 19.8 million bushels are stored on farms, down 27 percent from a year ago. Off-farm stocks totaled 52.8 million bushels, down 11 percent from the previous year. Indicated disappearance during December 2011 - February 2012 totaled 6.60 million bushels, down 55 percent from the same period a year ago.

Grain sorghum stored in all positions on March 1, 2012 totaled 108 million bushels, down 37 percent from a year ago. On-farm stocks, at 12.8 million bushels, are down 2 percent from last March. Off-farm stocks, at 95.1 million bushels, are down 40 percent from a year earlier. The December 2011 - February 2012 indicated disappearance from all positions is 43.0 million bushels, down 35 percent from the same period last year.

Sunflower stocks in all positions on March 1, 2012 totaled 910 million pounds, up 4 percent from March 1, 2011. All stocks stored on farms totaled 377 million pounds and off-farm stocks totaled 533 million pounds. Stocks of oil type sunflower seed are 732 million pounds; of this total, 298 million pounds are on-farm stocks and 434 million pounds are off-farm stocks. Non-oil sunflower stocks totaled 178 million pounds, with 78.7 million pounds stored on the farm and 99.5 million pounds stored off the farm. 

 

See the full report.

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

Complete March report coverage.

See the grain stocks reports that came out this morning. Stay tuned for report analysis.
Back to news
RELATED CONTENT

Comments

 

Rate this News Article:

Spell Check

No comments have been posted to this News Article

Close