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Grain Stocks: Corn Stocks Drop by 10%, Soybeans Down 27%

March 28, 2013
USDA harvested corn
  
 
 

Corn Stocks Down 10% from March 2012
Soybean Stocks Down 27%
All Wheat Stocks Up 3%

Corn stocks in all positions on March 1, 2013 totaled 5.40 billion bushels, down 10 percent from March 1, 2012. Of the total stocks, 2.67 billion bushels are stored on farms, down 16 percent from a year earlier. Off-farm stocks, at 2.73 billion bushels, are down 4 percent from a year ago. The
December 2012 - February 2013 indicated disappearance is 2.63 billion bushels, compared with 3.62 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2013 totaled 999 million bushels, down 27 percent from March 1, 2012. Soybean stocks stored on farms are estimated at 457 million bushels, down 18 percent from a year ago.

Off-farm stocks, at 543 million bushels, are down 34 percent from last March. Indicated disappearance for the December 2012 - February 2013 quarter totaled 967 million bushels, down 3 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2013 totaled 1.23 billion bushels, up 3 percent from a year ago. On-farm stocks are estimated at 237 million bushels, up 9 percent from last March. Off-farm stocks, at 997 million bushels, are up 2 percent from a year ago. The December 2012 - February 2013 indicated disappearance is 436 million bushels, down 6 percent from the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2013 totaled 42.4 million bushels, up 18 percent from a year ago. On-farm stocks, at 21.4 million bushels, are up 20 percent from March 1, 2012. Off-farm stocks totaled 21.0 million bushels, up 17 percent from a year ago. The December 2012 - February 2013 indicated disappearance of 18.6 million bushels is up 52 percent from the same period a year earlier.

Barley stocks in all positions on March 1, 2013 totaled 116 million bushels, up 24 percent from March 1, 2012. On-farm stocks are estimated at 35.2 million bushels, 33 percent above a year ago. Off-farm stocks, at 81.2 million bushels, are 21 percent above March 2012. The December 2012 - February 2013 indicated disappearance totaled 41.7 million bushels, 8 percent below the same period a year earlier.

Oats stored in all positions on March 1, 2013 totaled 52.6 million bushels, 30 percent below the stocks on March 1, 2012. Of the total stocks on hand, 18.9 million bushels are stored on farms, down 4 percent from a year ago. Off-farm stocks totaled 33.7 million bushels, down 39 percent from the previous year. Indicated disappearance during December 2012 - February 2013 totaled 20.6 million bushels, up 374 percent from the same period a year ago.

Grain sorghum stored in all positions on March 1, 2013 totaled 91.4 million bushels, down 15 percent from a year ago. On-farm stocks, at 10.9 million bushels, are down 15 percent from last March. Off-farm stocks, at 80.5 million bushels, are down 15 percent from a year earlier. The
December 2012 - February 2013 indicated disappearance from all positions is 48.5 million bushels, up 13 percent from the same period last year.

Sunflower stocks in all positions on March 1, 2013 totaled 1.19 billion pounds, up 31 percent from March 1, 2012. All stocks stored on farms totaled 574 million pounds and off-farm stocks totaled 621 million pounds. Stocks of oil type sunflower seed are 1.00 billion pounds; of this total, 503 million pounds are on-farm stocks and 499 million pounds are off-farm stocks. Non-oil sunflower stocks totaled 192 million pounds, with 70.4 million pounds stored on the farm and 122 million pounds stored off the farm.
 

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Coverage, Analysis of the March 28 USDA Reports

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

 


 

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

 
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