In USDA's Words: June 2013 Grain Stocks Report

June 28, 2013 06:24 AM
 

 

 

 

Corn Stocks Down 12 Percent from June 2012
Soybean Stocks Down 35 Percent
All Wheat Stocks Down 3 Percent

Corn stocks in all positions on June 1, 2013 totaled 2.76 billion bushels, down 12 percent from June 1, 2012. Of the total stocks, 1.26 billion bushels are stored on farms, down 15 percent from a year earlier. Off-farm stocks, at 1.50 billion bushels, are down 10 percent from a year ago. The March - May 2013 indicated disappearance is 2.64 billion bushels, compared with 2.88 billion bushels during the same period last year.

Soybeans stored in all positions on June 1, 2013 totaled 435 million bushels, down 35 percent from June 1, 2012. On-farm stocks totaled 171 million bushels, down 4 percent from a year ago. Off-farm stocks, at 263 million bushels, are down 46 percent from a year ago. Indicated disappearance for the March - May 2013 quarter totaled 564 million bushels, down 20 percent from the same period a year earlier.

Old crop all wheat stored in all positions on June 1, 2013 totaled 718 million bushels, down 3 percent from a year ago. On-farm stocks are estimated at 120 million bushels, up 7 percent from last year. Off-farm stocks, at 598 million bushels, are down 5 percent from a year ago. The March - May 2013 indicated disappearance is 516 million bushels, up 13 percent from the same period a year earlier.

Old crop Durum wheat stocks in all positions on June 1, 2013 totaled 23.5 million bushels, down 8 percent from a year ago. On-farm stocks, at 13.6 million bushels, are down 11 percent from June 1, 2012. Off-farm stocks totaled 9.86 million bushels, down 4 percent from a year ago. The March - May 2013 indicated disappearance of 19.0 million bushels is up 84 percent from the same period a year earlier.


 

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