Corn Stocks Up 41 Percent from September 2014
Soybean Stocks Up 108 Percent
All Wheat Stocks Up 10 Percent
Old crop corn stocks in all positions on September 1, 2015 totaled 1.73 billion bushels, up 41 percent from September 1, 2014. Of the total stocks, 593 million bushels are stored on farms, up 28 percent from a year earlier. Off-farm stocks, at 1.14 billion bushels, are up 48 percent from a year ago. The June - August 2015 indicated disappearance is 2.72 billion bushels, compared with 2.62 billion bushels during the same period last year.
Old crop soybeans stored in all positions on September 1, 2015 totaled 191 million bushels, up 108 percent from September 1, 2014. Soybean stocks stored on farms totaled 49.7 million bushels, up 133 percent from a year ago. Off-farm stocks, at 142 million bushels, are up 101 percent from last September. Indicated disappearance for June - August 2015 totaled 436 million bushels, up 39 percent from the same period a year earlier.
Based on an analysis of end-of-marketing year stock estimates, disappearance data for exports and crushings, and farm program administrative data, the 2014 soybean production is revised to 3.93 billion bushels, down 41.7 million bushels from the previous estimate. Planted area is revised down 425,000 acres to 83.3 million acres, and harvested area is revised down 470,000 acres to 82.6 million acres. The 2014 yield, at 47.5 bushels pe acre, is down 0.3 bushel from the previous estimate. A table with 2014 acreage, yield, and production estimates by States is included on page 17 of this report.
All wheat stored in all positions on September 1, 2015 totaled 2.09 billion bushels, up 10 percent from a year ago. On-farm stocks are estimated at 647 million bushels, down 9 percent from last September. Off-farm stocks, at 1.44 billion bushels, are up 21 percent from a year ago. TheJune - August 2015 indicated disappearance is 716 million bushels, up1 percent from the same period a year earlier.
Durum wheat stocks in all positions on September 1, 2015 totaled 73.8 million bushels, up 28 percent from a year ago. On-farm stocks, at 44.4 million bushels, are up 15 percent from September 1, 2014. Off-farm stocks totaled 29.4 million bushels, up 54 percent from a year ago. The June - August 2015 indicated disappearance of 34.3 million bushels is up 93 percent from the same period a year earlier.
Barley stocks in all positions on September 1, 2015 totaled 219 million bushels, up 22 percent from September 1, 2014. On-farm stocks are estimated at 136 million bushels, 39 percent above a year ago. Off-farm stocks, at 82.9 million bushels, are 1 percent above September 2014. The June - August 2015 indicated disappearance is 74.4 million bushels, 11 percent below the same period a year earlier.
Oats stored in all positions on September 1, 2015 totaled 93.3 million bushels, 26 percent above the stocks on September 1, 2014. Of the total stocks on hand, 47.2 million bushels are stored on farms, 14 percent higher than a year ago. Off-farm stocks totaled 46.1 million bushels, 40 percent above the previous year. Indicated disappearance during June - August 2015 totaled 50.0 million bushels, compared with 20.7 million bushels during the same period a year ago.
Old crop grain sorghum stored in all positions on September 1, 2015 totaled 18.4 million bushels, down 46 percent from a year ago. On-farm stocks, at 1.90 million bushels, are down 3 percent from last year. Off-farm stocks, at 16.5 million bushels, are down 49 percent from September 1, 2014. The June - August 2015 indicated disappearance from all positions is 15.9 million bushels, down 73 percent from the same period a year ago.
Old crop sunflower stocks in all positions on September 1, 2015 totaled 238 million pounds, up 19 percent from a year ago. All stocks stored on farms totaled 44.1 million pounds and off-farm stocks totaled 194 million pounds. Stocks of oil type sunflower seed are 79.2 million pounds; of this total, 33.4 million pounds are on-farm stocks and 45.8 million pounds are off-farm stocks. Non-oil sunflower stocks totaled 158 million pounds, with 10.7 million pounds stored on the farm and 148 million pounds stored off the farm.
Source : USDA