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Wheat Stocks Down 15 Percent

All wheat stored in all positions on March 1, 2014 totaled 1.06 billion bushels, down 15 percent from a year ago. On-farm stocks are estimated at 238 million bushels, up slightly from last March. Off-farm stocks, at 818 million bushels, are down 18 percent from a year ago. The December 2013 - February 2014 indicated disappearance is 419 million bushels, down 4 percent from the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2014 totaled 38.1 million bushels, down 10 percent from a year ago. On-farm stocks, at 20.7 million bushels, are down 3 percent from March 1, 2013. Off-farm stocks totaled 17.4 million bushels, down 17 percent from a year ago. The December 2013 - February 2014 indicated disappearance of 15.8 million bushels is down 14 percent from the same period a year earlier.

Source: USDA


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