News
11.10.2010
USA - Grain stocks up 2%
Old crop corn stocks in all positions on September 1, 2010 totaled 1.71 billion bushels, up 2 percent from September 1, 2009. Of the total stocks, 485 million bushels are stored on farms, down 20 percent from a year earlier. Off-farm stocks, at 1.22 billion bushels, are up 15 percent from a year ago. The June - August 2010 indicated disappearance is 2.60 billion bushels, compared with 2.59 billion bushels during the same period last year.
Old crop soybeans stored in all positions on September 1, 2010 totaled 151 million bushels, up 9 percent from September 1, 2009. Soybean stocks stored on farms totaled 35.4 million bushels, up 1 percent from a year ago.
Off-farm stocks, at 116 million bushels, are up 12 percent from last September. Indicated disappearance for June - August 2010 totaled 420 million bushels, down 8 percent from the same period a year earlier.
After analyzing the end-of-marketing year stock estimates, disappearance data for exports and crushings, and farm program administrative data, no revisions were made to the 2009 soybean production...
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