USDA -- Text Highlights Grain Stocks Report

January 11, 2013 05:52 AM
 

Corn Stocks Down 17 Percent from December 2011
Soybean Stocks Down 17 Percent
All Wheat Stocks Down Slightly

 

 

Corn stored in all positions on December 1, 2012 totaled 8.03 billion bushels, down 17 percent from December 1, 2011. Of the total stocks, 4.59 billion bushels are stored on farms, down 26 percent from a year earlier. Off-farm stocks, at 3.44 billion bushels, are down 1 percent from a year ago. The September - November 2012 indicated disappearance is 3.74 billion bushels, compared with 3.84 billion bushels during the same period last year.
 

Soybeans stored in all positions on December 1, 2012 totaled 1.97 billion bushels, down 17 percent from December 1, 2011. Soybean stocks stored on farms totaled 910 million bushels, down 20 percent from a year ago. Off-farm stocks, at 1.06 billion bushels, are down 14 percent from last December. Indicated disappearance for September - November 2012 totaled a record high 1.22 billion bushels, up 30 percent from the same period a year earlier.
 

All wheat stored in all positions on December 1, 2012 totaled 1.66 billion bushels, down slightly from a year ago. On-farm stocks are estimated at 400 million bushels, down 1 percent from last December. Off-farm stocks, at 1.26 billion bushels, are up slightly from a year ago. The September - November 2012 indicated disappearance is 445 million bushels, down 8 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2012 totaled 61.0 million bushels, up 27 percent from a year ago. On-farm stocks, at 36.7 million bushels, are up 50 percent from December 1, 2011. Off-farm stocks totaled 24.3 million bushels, up 3 percent from a year ago. The September - November 2012 indicated disappearance of 7.44 million bushels is down 53 percent from the same period a year earlier.
 

Barley stored in all positions on December 1, 2012 totaled 158 million bushels, up 14 percent from December 1, 2011. On-farm stocks are estimated at 72.6 million bushels, 31 percent above a year ago. Off-farm stocks, at 85.3 million bushels, are 2 percent above December 2011. The September - November 2012 indicated disappearance is 38.9 million bushels, 8 percent above the same period a year earlier.
 

Oats stored in all positions on December 1, 2012 totaled 73.1 million bushels, 8 percent below the stocks on December 1, 2011. Of the total stocks on hand, 26.0 million bushels are stored on farms, up 4 percent from a year ago. Off-farm stocks totaled 47.1 million bushels, down 13 percent from the previous year.
 

Grain sorghum stored in all positions on December 1, 2012 totaled 139 million bushels, down 8 percent from a year ago. On-farm stocks, at 17.3 million bushels, are down 38 percent from December 1 last year. Off-farm stocks, at 122 million bushels, are down 1 percent from a year earlier. The September - November 2012 indicated disappearance from all positions is 131 million bushels, up 44 percent from the same period in 2011.
 

Pulse crops stored in all positions on December 1, 2012 and the change from December 1, 2011 are: dry edible peas, 5.19 million cwt, up 25 percent; lentils, 3.57 million cwt, down 11 percent; Austrian winter peas, 86,000 cwt, down 33 percent; all chickpeas, 1,627,000 cwt, up 51 percent; small chickpeas, 710,000 cwt, up 64 percent; and large chickpeas, 917,000 cwt, up 43 percent.


 

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