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Grain Stocks: Soybeans Down 35%, Corn Drops 12%

June 28, 2013
USDA corn soybean fields
  
 
 

Corn Stocks Down 12% from June 2012
Soybean Stocks Down 35%
All Wheat Stocks Down 3%

Corn stocks in all positions on June 1, 2013 totaled 2.76 billion bushels, down 12 percent from June 1, 2012. Of the total stocks, 1.26 billion bushels are stored on farms, down 15 percent from a year earlier. Off-farm stocks, at 1.50 billion bushels, are down 10 percent from a year ago. The
March - May 2013 indicated disappearance is 2.64 billion bushels, compared with 2.88 billion bushels during the same period last year.

Soybeans stored in all positions on June 1, 2013 totaled 435 million bushels, down 35 percent from June 1, 2012. On-farm stocks totaled 171 million bushels, down 4 percent from a year ago. Off-farm stocks, at 263 million bushels, are down 46 percent from a year ago. Indicated disappearance for the March - May 2013 quarter totaled 564 million bushels, down 20 percent from
the same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2013 totaled 718 million bushels, down 3 percent from a year ago. On-farm stocks are estimated at 120 million bushels, up 7 percent from last year. Off-farm stocks, at 598 million bushels, are down 5 percent from a year ago. The
March - May 2013 indicated disappearance is 516 million bushels, up 13 percent from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2013 totaled 23.5 million bushels, down 8 percent from a year ago. On-farm stocks, at 13.6 million bushels, are down 11 percent from June 1, 2012. Off-farm stocks totaled 9.86 million bushels, down 4 percent from a year ago. The
March - May 2013 indicated disappearance of 19.0 million bushels is up 84 percent from the same period a year earlier.

Old crop barley stocks in all positions on June 1, 2013 totaled 80.3 million bushels, up 34 percent from June 1, 2012. On-farm stocks are estimated at 15.8 million bushels, 64 percent above a year ago. Off-farm stocks, at 64.5 million bushels, are 28 percent above June 1, 2012. The March - May 2013 indicated disappearance is 36.8 million bushels, 9 percent above the same period a year earlier.

Old crop oats stored in all positions on June 1, 2013 totaled 36.3 million bushels, 34 percent below the stocks on June 1, 2012. Of the total stocks on hand, 11.4 million bushels are stored on farms, 2 percent higher than a year ago. Off-farm stocks totaled 25.0 million bushels, 43 percent below the previous year. Indicated disappearance during March - May 2013 totaled 16.3 million bushels, compared with 19.8 million bushels during the same period a year ago.

Grain sorghum stored in all positions on June 1, 2013 totaled 39.1 million bushels, down 33 percent from a year ago. On-farm stocks, at 2.71 million bushels, are down 34 percent from last year. Off-farm stocks, at 36.4 million bushels, are down 33 percent from June 1, 2012. The March - May 2013 indicated disappearance from all positions is 52.4 million bushels, up 6 percent from the same period last year.

 

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Coverage, Analysis of the June 28 USDA Reports

See all of the data, coverage and analysis of the Grain Stocks and Acreage reports.

 


 

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RELATED TOPICS: Corn, Soybeans, Wheat, Marketing, Crops, USDA

 
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