USDA Grain Stocks Report Text Highlights

January 12, 2012 02:11 AM
 

 

Corn Stocks Down 4 Percent from December 2010
Soybean Stocks Up 4 Percent
All Wheat Stocks Down 14 Percent

Corn stored in all positions on December 1, 2011 totaled 9.64 billion bushels, down 4 percent from December 1, 2010. Of the total stocks, 6.18 billion bushels are stored on farms, down 2 percent from a year earlier. Off-farm stocks, at 3.47 billion bushels, are down 8 percent from a year ago. The September - November 2011 indicated disappearance is 3.84 billion bushels, compared with 4.10 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2011 totaled 2.37 billion bushels, up 4 percent from December 1, 2010. Soybean stocks stored on farms totaled 1.14 billion bushels, up 4 percent from a year ago. Off-farm stocks, at 1.23 billion bushels, are up 3 percent from last December. Indicated disappearance for September - November 2011 totaled 905 million bushels, down 25 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2011 totaled 1.66 billion bushels, down 14 percent from a year ago. On-farm stocks are estimated at 405 million bushels, down 26 percent from last December. Off-farm stocks, at 1.25 billion bushels, are down 10 percent from a year ago. The September - November 2011 indicated disappearance is 490 million bushels, down 5 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2011 totaled 47.8 million bushels, down 30 percent from a year ago. On-farm stocks, at 24.5 million bushels, are down 47 percent from December 1, 2010. Off-farm stocks totaled 23.3 million bushels, up 7 percent from a year ago. The September - November 2011 indicated disappearance of 15.9 million bushels is down 50 percent from the same period a year earlier.

Link to full report.


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