Grain stock report for 2/8/2019
Feb 08, 2019
Futures trading involve the substantial risk of loss and may not be suitable for all investors. Past performance does not mean future results.
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Corn Stocks Down 5 Percent from December 2017
Soybean Stocks Up 18 Percent
All Wheat Stocks Up 7 Percent
Corn stored in all positions on December 1, 2018 totaled 12.0 billion bushels, down 5 percent from December 1, 2017. Of the total stocks, 7.45 billion bushels are stored on farms, down 4 percent from a year earlier. Off-farm stocks, at 4.50 billion bushels, are down 7 percent from a year ago. The September - November 2018 indicated disappearance is 4.61 billion bushels, compared with 4.34 billion bushels during the same period last year. Soybeans stored in all positions on December 1, 2018 totaled 3.74 billion bushels, up 18 percent from December 1, 2017.
Soybean stocks stored on farms totaled 1.94 billion bushels, up 30 percent from a year ago. Off-farm stocks, at 1.80 billion bushels, are up 7 percent from last December. Indicated disappearance for September - November 2018 totaled 1.25 billion bushels, down 20 percent from the same period a year earlier.
All wheat stored in all positions on December 1, 2018 totaled 2.00 billion bushels, up 7 percent from a year ago. On-farm stocks are estimated at 504 million bushels, up 28 percent from last December. Off-farm stocks, at 1.50 billion bushels, are up 1 percent from a year ago. The September - November 2018 indicated disappearance is 390 million bushels, 1 percent below the same period a year earlier.
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