2016 March Grain Stocks: Soybean Stocks Jump 15% to 1.53 Billion Bushels

March 31, 2016 11:08 AM
 
2016 March Grain Stocks: Soybean Stocks Jump 15% to 1.53 Billion Bushels

Corn Stocks Up 1 Percent from March 2015, Soybean Stocks Up 15 Percent, All Wheat Stocks Up 20 Percent

Corn stocks in all positions on March 1, 2016 totaled 7.81 billion bushels,
up 1 percent from March 1, 2015. Of the total stocks, 4.34 billion bushels
were stored on farms, down 1 percent from a year earlier. Off-farm stocks, at
3.47 billion bushels, are up 3 percent from a year ago. The
December 2015 - February 2016 indicated disappearance is 3.43 billion
bushels, compared with 3.46 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2016 totaled 1.53 billion
bushels, up 15 percent from March 1, 2015. Soybean stocks stored on farms are
estimated at 728 million bushels, up 19 percent from a year ago. Off-farm
stocks, at 803 million bushels, are up 12 percent from last March. Indicated
disappearance for the December 2015 - February 2016 quarter totaled
1.18 billion bushels, down 1 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2016 totaled 1.37 billion
bushels, up 20 percent from a year ago. On-farm stocks are estimated at
320 million bushels, up 15 percent from last March. Off-farm stocks, at
1.05 billion bushels, are up 22 percent from a year ago. The
December 2015 - February 2016 indicated disappearance is 375 million bushels,
4 percent below the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2016 totaled 41.5 million
bushels, up 10 percent from a year ago. On-farm stocks, at 16.7 million
bushels, are up 3 percent from March 1, 2015. Off-farm stocks totaled
24.8 million bushels, up 16 percent from a year ago. The
December 2015 - February 2016 indicated disappearance of 18.8 million bushels
is 194 percent above the same period a year earlier.

Other Grains

Barley stocks in all positions on March 1, 2016 totaled 137 million bushels,
up 16 percent from March 1, 2015. On-farm stocks are estimated at
57.6 million bushels, 37 percent above a year ago. Off-farm stocks, at
79.5 million bushels, are 4 percent above March 2015. The
December 2015 - February 2016 indicated disappearance totaled 43.4 million
bushels, 15 percent above the same period a year earlier.

Oats stored in all positions on March 1, 2016 totaled 75.3 million bushels,
27 percent above the stocks on March 1, 2015. Of the total stocks on hand,
26.8 million bushels were stored on farms, up 29 percent from a year ago.
Off-farm stocks totaled 48.5 million bushels, up 26 percent from the previous
year. Indicated disappearance during December 2015 - February 2016 totaled
7.57 million bushels, slightly above the same period a year ago.

Grain sorghum stored in all positions on March 1, 2016 totaled 201 million
bushels, up 68 percent from a year ago. On-farm stocks, at 24.8 million
bushels, are up 175 percent from last March. Off-farm stocks, at 176 million
bushels, are up 59 percent from a year earlier. The
December 2015 - February 2016 indicated disappearance from all positions is
121 million bushels, 18 percent above the same period last year.

Sunflower stocks in all positions on March 1, 2016 totaled 1.06 billion
pounds, 52 percent above March 1, 2015. All stocks stored on farms totaled
461 million pounds and off-farm stocks totaled 599 million pounds. Stocks of
oil type sunflower seed are 768 million pounds; of this total, 325 million
pounds are on-farm stocks and 443 million pounds are off-farm stocks. Non-oil
sunflower stocks totaled 292 million pounds, with 136 million pounds stored
on the farm and 156 million pounds stored off the farm.

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