USDA grain stocks report

USDA National Agricultural Statistics Service

January 15, 2008 09:03 am

— Corn stored in all positions on December 1, 2007 totaled 10.3 billion bushels, up 15 percent from December 1, 2006. Of the total stocks, 6.53 billion bushels are stored on farms, up 16 percent from a year earlier. Off-farm stocks, at 3.74 billion bushels, are up 13 percent from a year ago. The September-November 2007 indicated disappearance is 4.11 billion bushels, compared with 3.57 billion bushels during the same period last year.
Soybeans stored in all positions on December 1, 2007 totaled 2.33 billion bushels, down 14 percent from December 1, 2006. Soybean stocks stored on farms totaled 1.10 billion bushels, down 25 percent from a year ago. Off-farm stocks, at 1.23 billion bushels, are down one percent from last December. Indicated disappearance for September-November 2007 totaled 830 million bushels, down 11 percent from the same period a year earlier.
All wheat stored in all positions on December 1, 2007 totaled 1.13 billion bushels, down 14 percent from a year ago. On-farm stocks are estimated at 290 million bushels, down 28 percent from last December. Off-farm stocks, at 838 million bushels, are down eight percent from a year ago. The September-November 2007 indicated disappearance is 589 million bushels, up 35 percent from the same period a year earlier.
Durum wheat stored in all positions on December 1, 2007 totaled 39.3 million bushels, down 24 percent from a year ago. On-farm stocks, at 17.6 million bushels, are down 32 percent from December 1, 2006. Off-farm stocks totaled 21.7 million bushels, down 15 percent from a year ago. The September-November 2007 indicated disappearance of 31.2 million bushels is up 167 percent from the same period a year earlier.
Barley stored in all positions on December 1, 2007 totaled 135 million bushels, down 22 percent from December 1, 2006.
On-farm stocks are estimated at 62.1 million bushels, 26 percent below a year ago. Off-farm stocks, at 73.0 million bushels, are 18 percent below December 2006. The September-Nov-ember 2007 indicated disappearance is 53.6 million bushels, 34 percent above the same period a year earlier.
Oats stored in all positions on December 1, 2007 totaled 94.5 million bushels, four percent below the stocks on December 1, 2006. Of the total stocks on hand, 43.1 million bushels are stored on farms, down 19 percent from a year ago.
Off-farm stocks totaled 51.4 million bushels, up 12 percent from the previous year.
Grain sorghum stored in all positions on December 1, 2007 totaled 290 million bushels, up 37 percent from a year ago. On-farm stocks, at 51.4 million bushels, are up 35 percent from December 1 last year. Off-farm stocks, at 238 million bushels, are up 37 percent from a year earlier. The September-November 2007 indicated disappearance from all positions is 247 million bushels, up 89 percent from the same period in 2006.
Pulse crops stored in all positions on December 1, 2007 and the change from December 1, 2006 are: dry edible peas, 8.53 million cwt, up 36 percent; lentils, 2.12 million cwt, down 24 percent; Austrian winter peas, 81,000 cwt, down 69 percent; all chickpeas, 1,070,000 cwt, up 30 percent; small chickpeas, 90,000 cwt, up 125 percent; and large chickpeas, 980,000 cwt, up 25 percent.

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