Grain Stocks: More Corn, Soybeans, Wheat in Storage

January 12, 2015 11:19 AM
 
Grain Stocks: More Corn, Soybeans, Wheat in Storage


Corn Stocks Up 7% from December 2013

Soybean Stocks Up 17%

All Wheat Stocks Up 3%

Corn stored in all positions on December 1, 2014 totaled 11.2 billion bushels, up 7 percent from December 1, 2013. Of the total stocks, 7.09 billion bushels are stored on farms, up 11 percent from a year earlier. Off-farm stocks, at 4.12 billion bushels, are up 1 percent from a year ago. The September - November 2014 indicated disappearance is 4.25 billion bushels, compared with 4.29 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2014 totaled 2.52 billion bushels, up 17 percent from December 1, 2013. Soybean stocks stored on farms totaled 1.22 billion bushels, up 28 percent from a year ago. Off-farm stocks, at 1.31 billion bushels, are up 9 percent from last December. Indicated disappearance for September - November 2014 totaled 1.54 billion bushels, up 14 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2014 totaled 1.52 billion bushels, up 3 percent from a year ago. On-farm stocks are estimated at 473 million bushels, up 19 percent from last December. Off-farm stocks, at 1.05 billion bushels, are down 2 percent from a year ago. The September - November 2014 indicated disappearance is 383 million bushels, down 3 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2014 totaled 42.0 million bushels, down 22 percent from a year ago. On-farm stocks, at 22.0 million bushels, are down 33 percent from December 1, 2013. Off-farm stocks totaled 20.0 million bushels, down 6 percent from a year ago. The September - November 2014 indicated disappearance of 15.8 million bushels is up 28 percent from the same period a year earlier.

Barley stored in all positions on December 1, 2014 totaled 158 million bushels, down 7 percent from December 1, 2013. On-farm stocks are estimated at 74.4 million bushels, 9 percent below a year ago. Off-farm stocks, at 83.3 million bushels, are 5 percent below December 2013. The September - November 2014 indicated disappearance is 22.1 million bushels, 17 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2014 totaled 62.2 million bushels, 29 percent above the stocks on December 1, 2013. Of the total stocks on hand, 31.3 million bushels are stored on farms, up 22 percent from a year ago. Off-farm stocks totaled 30.9 million bushels, up 38 percent from the previous year. Indicated disappearance during September - November 2014 totaled 12.1 million bushels.

Grain sorghum stored in all positions on December 1, 2014 totaled 229 million bushels, down 1 percent from a year ago. On-farm stocks, at 30.5 million bushels, are down 7 percent from December 1 last year. Off-farm stocks, at 199 million bushels, are up slightly from a year earlier. The September - November 2014 indicated disappearance from all positions is 238 million bushels, up 37 percent from the same period in 2013.

Pulse crops stored in all positions on December 1, 2014 are: dry edible peas, 8.28 million cwt; lentils, 2.26 million cwt; Austrian winter peas, 94,000 cwt; all chickpeas, 1,741,000 cwt; small chickpeas, 569,000 cwt; and large chickpeas, 1,172,000 cwt.

 

 

 

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Coverage, Analysis of the Jan. 12 USDA Reports

See all of the data, coverage and analysis of the Grain Stocks report.

 

 

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