Grain Stocks: Corn Stocks Up 15%; Soybeans Raised to 54%

June 30, 2015 11:08 AM
 
Grain Stocks: Corn Stocks Up 15%; Soybeans Raised to 54%


Corn Stocks Up 15% from June 2014

Soybean Stocks Up 54%

All Wheat Stocks Up 28%

Corn stocks in all positions on June 1, 2015 totaled 4.45 billion bushels, up 15 percent from June 1, 2014. Of the total stocks, 2.28 billion bushels are stored on farms, up 22 percent from a year earlier. Off-farm stocks, at 2.17 billion bushels, are up 9 percent from a year ago. The March - May 2015 indicated disappearance is 3.30 billion bushels, compared with 3.16 billion bushels during the same period last year.

Soybeans stored in all positions on June 1, 2015 totaled 625 million bushels, up 54 percent from June 1, 2014. On-farm stocks totaled 246 million bushels, up 126 percent from a year ago. Off-farm stocks, at 379 million bushels, are up 28 percent from a year ago. Indicated disappearance for the March - May 2015 quarter totaled 701 million bushels, up 19 percent from the same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2015 totaled 753 million bushels, up 28 percent from a year ago. On-farm stocks are estimated at 155 million bushels, up 60 percent from last year. Off-farm stocks, at 597 million bushels, are up 21 percent from a year ago. The March - May 2015 indicated disappearance is 388 million bushels, down 17 percent from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2015 totaled 25.9 million bushels, up 20 percent from a year ago. On-farm stocks, at 10.3 million bushels, are down 20 percent from June 1, 2014. Off-farm stocks totaled 15.6 million bushels, up 79 percent from a year ago. The March - May 2015 indicated disappearance of 11.8 million bushels is down 29 percent from the same period a year earlier.

Old crop barley stocks in all positions on June 1, 2015 totaled 78.7 million bushels, down 4 percent from June 1, 2014. On-farm stocks are estimated at 20.9 million bushels, 10 percent above a year ago. Off-farm stocks, at 57.7 million bushels, are 9 percent below June 1, 2014. The March - May 2015 indicated disappearance is 39.6 million bushels, 1 percent above the same period a year earlier.

Old crop oats stored in all positions on June 1, 2015 totaled 53.7 million bushels, 117 percent above the stocks on June 1, 2014. Of the total stocks on hand, 15.1 million bushels are stored on farms, 56 percent higher than a year ago. Off-farm stocks totaled 38.6 million bushels, 157 percent above the previous year. Indicated disappearance during March - May 2015 totaled 5.71 million bushels, compared with 10.4 million bushels during the same period a year ago.

Grain sorghum stored in all positions on June 1, 2015 totaled 33.2 million bushels, down 64 percent from a year ago. On-farm stocks, at 2.92 million bushels, are down 35 percent from last year. Off-farm stocks, at 30.3 million bushels, are down 66 percent from June 1, 2014. The March - May 2015 indicated disappearance from all positions is 86.7 million bushels, up 4 percent from the same period last year.

Pulse crops stored in all positions on June 1, 2015 are: dry edible peas, 3.12 million cwt; lentils, 655 thousand cwt; Austrian winter peas, 52,000 cwt; all chickpeas, 762,000 cwt; small chickpeas, 177,000 cwt; and large chickpeas, 585,000 cwt. Small chickpeas are defined as peas that will pass through a 20/64 inch round hole screen.
 

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