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Grain Stocks: Corn Stocks Up 30%, Soybeans Up 9%, Wheat Down 12%

January 10, 2014

Corn Stocks Up 30 Percent from December 2012
Soybean Stocks Up 9 Percent
All Wheat Stocks Down 12 Percent

Corn stored in all positions on December 1, 2013 totaled 10.4 billion bushels, up 30 percent from December 1, 2012. Of the total stocks, 6.38 billion bushels are stored on farms, up 39 percent from a year earlier. Off-farm stocks, at 4.05 billion bushels, are up 17 percent from a year ago. The September - November 2013 indicated disappearance is 4.32 billion bushels, compared with 3.74 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2013 totaled 2.15 billion bushels, up 9 percent from December 1, 2012. Soybean stocks stored on farms totaled 955 million bushels, up 5 percent from a year ago. Off-farm stocks, at 1.19 billion bushels, are up 13 percent from last December. Indicated disappearance for September - November 2013 totaled 1.28 billion bushels, up 4 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2013 totaled 1.46 billion bushels, down 12 percent from a year ago. On-farm stocks are estimated at 399 million bushels, down slightly from last December. Off-farm stocks, at 1.06 billion bushels, are down 16 percent from a year ago. The September - November 2013 indicated disappearance is 407 million bushels, down 6 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2013 totaled 54.2 million bushels, down 11 percent from a year ago. On-farm stocks, at 32.8 million bushels, are down 11 percent from December 1, 2012. Off-farm stocks totaled 21.4 million bushels, down 12 percent from a year ago. The September - November 2013 indicated disappearance of 12.2 million bushels is up 64 percent from the same period a year earlier.

Barley stored in all positions on December 1, 2013 totaled 170 million bushels, up 7 percent from December 1, 2012. On-farm stocks are estimated at 81.3 million bushels, 12 percent above a year ago. Off-farm stocks, at 88.4 million bushels, are 3 percent above December 2012. The September - November 2013 indicated disappearance is 26.3 million bushels, 32 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2013 totaled 48.0 million bushels, 34 percent below the stocks on December 1, 2012. Of the total stocks on hand, 25.6 million bushels are stored on farms, down 2 percent from a year ago. Off-farm stocks totaled 22.4 million bushels, down 52 percent from the previous year. Indicated disappearance during September - November 2013 totaled 15.5 million bushels.

Grain sorghum stored in all positions on December 1, 2013 totaled 229 million bushels, up 64 percent from a year ago. On-farm stocks, at 32.6 million bushels, are up 85 percent from December 1 last year. Off-farm stocks, at 196 million bushels, are up 60 percent from a year earlier. The September - November 2013 indicated disappearance from all positions is 176 million bushels, up 35 percent from the same period in 2012.

Pulse crops stored in all positions on December 1, 2013 and the change from December 1, 2012 are: dry edible peas, 6.88 million cwt, up 33 percent; lentils, 3.59 million cwt, up 1 percent; Austrian winter peas, 151,000 cwt, up 76 percent; all chickpeas, 2,087,000 cwt, up 28 percent; small chickpeas, 736,000 cwt, up 4 percent; and large chickpeas, 1,351,000 cwt, up 47 percent.

 

This report was approved on January 10, 2014.
 

 

See USDA's Jan. 10 Grain Stocks report.

 

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See the data, read the biggest news and listen to analysis of today's collection of major USDA reports.

 

 

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RELATED TOPICS: Soybeans, Wheat, Crops, USDA

 
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