USDA March 2014 Grain Stocks Report -- Text Highlights

March 31, 2014 06:24 AM
 

 

 

Corn Stocks Up 30 Percent from March 2013
Soybean Stocks Down 1 Percent
All Wheat Stocks Down 15 Percent

Corn stocks in all positions on March 1, 2014 totaled 7.01 billion bushels, up 30 percent from March 1, 2013. Of the total stocks, 3.86 billion bushels are stored on farms, up 45 percent from a year earlier. Off-farm stocks, at 3.15 billion bushels, are up 15 percent from a year ago. The December 2013 - February 2014 indicated disappearance is 3.45 billion bushels, compared with 2.63 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2014 totaled 992 million bushels, down 1 percent from March 1, 2013. Soybean stocks stored on farms are estimated at 382 million bushels, down 16 percent from a year ago. Off-farm stocks, at 610 million bushels, are up 13 percent from last March. Indicated disappearance for the December 2013 - February 2014 quarter totaled 1.16 billion bushels, up 20 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2014 totaled 1.06 billion bushels, down 15 percent from a year ago. On-farm stocks are estimated at 238 million bushels, up slightly from last March. Off-farm stocks, at 818 million bushels, are down 18 percent from a year ago. The December 2013 - February 2014 indicated disappearance is 419 million bushels, down 4 percent from the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2014 totaled 38.1 million bushels, down 10 percent from a year ago. On-farm stocks, at 20.7 million bushels, are down 3 percent from March 1, 2013. Off-farm stocks totaled 17.4 million bushels, down 17 percent from a year ago. The December 2013 - February 2014 indicated disappearance of 15.8 million bushels is down 14 percent from the same period a year earlier.


 

 

 

 

 

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