USDA Grain Stocks Report

Corn Stocks Up 3 Percent from March 2017
Soybean Stocks Up 21 Percent
All Wheat Stocks Down 10 Percent

Corn stocks in all positions on March 1, 2018 totaled 8.89 billion bushels, up 3 percent from March 1, 2017. Of the total
stocks, 5.00 billion bushels were stored on farms, up 2 percent from a year earlier. Off-farm stocks, at 3.89 billion bushels,
are up 5 percent from a year ago. The December 2017 - February 2018 indicated disappearance is 3.68 billion bushels,
compared with 3.76 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2018 totaled 2.11 billion bushels, up 21 percent from March 1, 2017.
Soybean stocks stored on farms are estimated at 855 million bushels, up 28 percent from a year ago. Off-farm stocks, at
1.25 billion bushels, are up 17 percent from last March. Indicated disappearance for the December 2017 - February 2018
quarter totaled 1.05 billion bushels, down 9 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2018 totaled 1.49 billion bushels, down 10 percent from a year ago. On-farm
stocks are estimated at 259 million bushels, down 26 percent from last March. Off-farm stocks, at 1.24 billion bushels, are
down 6 percent from a year ago. The December 2017 - February 2018 indicated disappearance is 379 million bushels,
10 percent below the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2018 totaled 49.2 million bushels, down 7 percent from a year ago.
On-farm stocks, at 25.8 million bushels, are down 20 percent from March 1, 2017. Off-farm stocks totaled 23.4 million
bushels, up 14 percent from a year ago. The December 2017 - February 2018 indicated disappearance of 6.86 million
bushels is 66 percent below the same period a year earlier.

Barley stocks in all positions on March 1, 2018 totaled 129 million bushels, down 11 percent from March 1, 2017.
On-farm stocks are estimated at 48.5 million bushels, 14 percent below a year ago. Off-farm stocks, at 80.8 million
bushels, are 8 percent below March 2017. The December 2017 - February 2018 indicated disappearance totaled
29.5 million bushels, 38 percent below the same period a year earlier.

Oats stored in all positions on March 1, 2018 totaled 55.1 million bushels, 13 percent below the stocks on March 1, 2017.
Of the total stocks on hand, 17.2 million bushels were stored on farms, down 23 percent from a year ago. Off-farm stocks
totaled 37.8 million bushels, down 7 percent from the previous year. Indicated disappearance during
December 2017 - February 2018 totaled 11.4 million bushels, 7 percent below the same period a year ago

Grain sorghum stored in all positions on March 1, 2018 totaled 138 million bushels, down 23 percent from a year ago.
On-farm stocks, at 13.3 million bushels, are down 38 percent from last March. Off-farm stocks, at 125 million bushels, are
down 22 percent from a year earlier. The December 2017 - February 2018 indicated disappearance from all positions is
89.2 million bushels, 30 percent below the same period last year.

Sunflower stocks in all positions on March 1, 2018 totaled 1.24 billion pounds, 8 percent below March 1, 2017. All
stocks stored on farms totaled 546 million pounds and off-farm stocks totaled 692 million pounds. Stocks of oil type
sunflower seed are 1.05 billion pounds; of this total, 482 million pounds are on-farm stocks and 565 million pounds are
off-farm stocks. Non-oil sunflower stocks totaled 191 million pounds, with 64.4 million pounds stored on the farm and
127 million pounds stored off the farm