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Corn stocks up 7% from December 2013, soybean stocks up 17%

Corn stocks up 7% from December 2013, soybean stocks up 17%

Corn stored in all positions on Dec. 1, 2014 totaled 11.2 billion bushels, up 7% from December 1, 2013. Of the total stocks, 7.09 billion bushels are stored on farms, up 11% from a year earlier. Off-farm stocks, at 4.12 billion bushels, are up 1% from a year ago. The September-November 2014 indicated disappearance is 4.25 billion bushels, compared with 4.29 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2014 totaled 2.52 billion bushels, up 17 percent from December 1, 2013. Soybean stocks stored on farms totaled 1.22 billion bushels, up 28% from a year ago. Off-farm stocks, at 1.31 billion bushels, are up 9 percent from last December. Indicated disappearance for September - November 2014 totaled 1.54 billion bushels, up 14% from the same period a year earlier.

Read the full Grain Stocks report from USDA.

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TAGS: Soybeans
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