Grain News


Podcast: Dale Durchholz, Agrivisor Services, Analyzes the USDA June 1 Grain Stocks Report

Date Posted: June 28, 2013


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The U.S. Department of Agriculture (USDA) on June 28 issued its June Grain Stocks Report. Dale Durchholz, Agrivisor Services, Inc. (309-557-6854)provides his analysis of the USDA Quarterly Grain Stocks estimates.

Details include:

Corn stocks in all positions on June 1, 2013 totaled 2.76 billion bushels, down 12 percent from June 1, 2012.

Of the total stocks, 1.26 billion bushels are stored on farms, down 15 percent from a year earlier.

Off-farm stocks, at 1.50 billion bushels, are down 10 percent from a year ago.

Soybeans stored in all positions on June 1, 2013 totaled 435 million bushels, down 35 percent from June 1, 2012.

On-farm stocks totaled 171 million bushels, down 4 percent from a year ago.

Off-farm stocks, at 263 million bushels, are down 46 percent from a year ago.

Old crop all wheat stored in all positions on June 1, 2013 totaled 718 million bushels, down 3 percent from a year ago.

On-farm stocks are estimated at 120 million bushels, up 7 percent from last year.

Off-farm stocks, at 598 million bushels, are down 5 percent from a year ago.

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