Grain Stocks: Corn Stocks Down 12%, Soybeans Down 21%

Sep 28, 2012
By USDA

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Corn
Old crop corn stocks in all positions on September 1, 2012 totaled 988 million bushels, down 12 percent from September 1, 2011. Of the total stocks, 314 million bushels are stored on farms, down slightly from a year earlier. Off-farm stocks, at 675 million bushels, are down 17 percent from a year ago. The June - August 2012 indicated disappearance is 2.16 billion bushels, compared with 2.54 billion bushels during the same period last year.

Sorgam
Old crop grain sorghum stored in all positions on September 1, 2012 totaled 22.9 million bushels, down 16 percent from a year ago. On-farm stocks, at 1.16 million bushels, are down 43 percent from last year. Off-farm stocks, at 21.8 million bushels, are down 14 percent from September 1, 2011. The June - August 2012 indicated disappearance from all positions is 35.6 million bushels, down 32 percent from the same period a year ago.

Sunflower
Old crop sunflower stocks in all positions on September 1, 2012 totaled 194 million pounds, down 25 percent from a year ago. All stocks stored on farms totaled 27.3 million pounds and off-farm stocks totaled 167 million pounds. Stocks of oil type sunflower seed are 101 million pounds; of this total, 21.8 million pounds are on-farm stocks and 79.3 million pounds are off-farm stocks. Non-oil sunflower stocks totaled 92.8 million pounds, with 5.50 million pounds stored on the farm and 87.3 million pounds stored off the farm.

Source: USDA

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