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National & World Ag News Headlines |
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United States Grain Stocks Down from 2019
USAgNet - 04/02/2020
Corn stocks in all positions on March 1, 2020 totaled 7.95 billion bushels, down 8 percent from March 1, 2019, according to the latest USDA, National Agricultural Statistics Service -- Grain Stocks report. Of the total stocks, 4.45 billion bushels were stored
on farms, down 13 percent from a year earlier. Off-farm stocks, at 3.50 billion bushels, are up slightly from a year ago. The December 2019 - February 2020 indicated disappearance is 3.45 billion bushels, compared with 3.32 billion bushels during the same
period last year.
Soybeans stored in all positions on March 1, 2020 totaled 2.25 billion bushels, down 17 percent from March 1, 2019. Soybean stocks stored on farms are estimated at 1.01 billion bushels, down 20 percent from a year ago. Off-farm stocks, at 1.24 billion
bushels, are down 15 percent from last March. Indicated disappearance for the December 2019 - February 2020 quarter totaled 1.00 billion bushels, down 1 percent from the same period a year earlier.
All wheat stored in all positions on March 1, 2020 totaled 1.41 billion bushels, down 11 percent from a year ago. On-farm stocks are estimated at 339 million bushels, down 8 percent from last March. Off-farm stocks, at 1.07 billion bushels, are down 12
percent from a year ago. The December 2019 - February 2020 indicated disappearance is 428 million bushels, 3 percent above the same period a year earlier.
Barley stocks in all positions on March 1, 2020 totaled 115 million bushels, down 5 percent from March 1, 2019. On-farm stocks are estimated at 51.6 million bushels, 12 percent above a year ago. Off-farm stocks, at 63.7 million bushels, are 15 percent
below March 2019. The December 2019 - February 2020 indicated disappearance totaled 42.1 million bushels, 35 percent above the same period a year earlier.
Oats stored in all positions on March 1, 2020 totaled 47.1 million bushels, 6 percent below the stocks on March 1, 2019. Of the total stocks on hand, 17.0 million bushels were stored on farms, down 6 percent from a year ago. Off-farm stocks totaled 30.2
million bushels, down 6 percent from the previous year. Indicated disappearance during December 2019 - February 2020 totaled 6.76 million bushels, 60 percent below the same period a year ago.
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