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Grain Stocks Report

Corn, Soybean & All Wheat Stocks Up

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According to report published by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture corn, soybean and all wheat stocks are up from Decemeber 2008.

Corn stored in all positions on December 1, 2009 totaled 10.9 billion bushels, up 9 percent from December 1, 2008. Of the total stocks, 7.45 billion bushels are stored on farms, up 15 percent from a year earlier. Off-farm stocks, at 3.49 billion bushels, are down 3 percent from a year ago. The September through November 2009 indicated disappearance is 3.89 billion bushels, compared with 3.64 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2009 totaled 2.34 billion bushels, up 3 percent from December 1, 2008. Soybean stocks stored on farms totaled 1.23 billion bushels, up 4 percent from a year ago. Off-farm stocks, at 1.11 billion bushels, are up 2 percent from last December. Indicated disappearance for September through November 2009 totaled 1.16 billion bushels, up 30 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2009 totaled 1.77 billion bushels, up 24 percent from a year ago. On-farm stocks are estimated at 559 million bushels, up 23 percent from last December. Off-farm stocks, at 1.21 billion bushels, are up 25 percent from a year ago. The September through November 2009 indicated disappearance is 444 million bushels, up 2 percent from the same period a year earlier.

Durum wheat stored in all positions on December 1, 2009 totaled 75.6 million bushels, up 70 percent from a year ago. On-farm stocks, at 50.6 million bushels, are up 94 percent from December 1, 2008. Off-farm stocks totaled 25.0 million bushels, up 36 percent from a year ago. The September through November 2009 indicated disappearance of 26.2 million bushels is up 83 percent from the same period a year earlier.

Barley stored in all positions on December 1, 2009 totaled 203 million bushels, up 18 percent from December 1, 2008. On-farm stocks are estimated at 115 million bushels, 49 percent above a year ago. Off-farm stocks, at 88.5 million bushels, are 8 percent below December 2008. The September - November 2009 indicated disappearance is 36.3 million bushels, 1 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2009 totaled 110 million bushels, 4 percent below the stocks on December 1, 2008. Of the total stocks on hand, 43.2 million bushels are stored on farms, up 1 percent from a year ago. Off-farm stocks totaled 67.3 million bushels, down 7 percent from the previous year. Indicated disappearance during September through November 2009 totaled 17.9 million bushels.

Grain sorghum stored in all positions on December 1, 2009 totaled 250 million bushels, down 16 percent from a year ago. On-farm stocks, at 48.0 million bushels, are down 12 percent from December 1 last year. Off-farm stocks, at 202 million bushels, are down 17 percent from a year earlier. The September through November 2009 indicated disappearance from all positions is 187 million bushels, down 18 percent from the same period in 2008.

Pulse crops stored in all positions on December 1, 2009 and the change from December 1, 2008 are: dry edible peas, 10.7 million cwt, up 55 percent; lentils, 2.67 million cwt, up 61 percent; Austrian winter peas, 119,000 cwt, up 80 percent; all chickpeas, 875,000 cwt, down 18 percent; small chickpeas, 303,000 cwt, up 98 percent; and large chickpeas, 572,000 cwt, down 37 percent. Small chickpeas are defined as peas that will pass through a 20/64 inch round hole screen.

Note: This report was released by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture, January 12, 2010. For information on "Grain Stocks”, call (202) 720-2127.

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