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U.S. GRAIN STOCKS ON DECEMBER 1

Corn Stocks Up 6 Percent From 1999
Soybean Stocks Up 3 Percent
All Wheat Stocks Down 4 Percent

(January 11, 2001) Corn stocks in all positions on December 1, 2000 totaled 8.52 billion bushels, up 6 percent from December 1, 1999 and the highest level since 1987. Of the total stocks, 5.55 billion bushels were stored on farms, up 7 percent from a year earlier. Off-farm stocks, at 2.97 billion bushels, were up 4 percent from the previous year. The September-November 2000 indicated disappearance based on September 1, 2000 stocks, 2000 production, and December 1 stocks is 3.17 billion bushels, compared with 3.18 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2000, totaled 2.24 billion bushels, up 3 percent from December 1, 1999. On-farm stocks estimated at 1.22 billion bushels, were up 6 percent from the same period a year ago. Off-farm stocks at 1.02 billion bushels were 1 percent lower than December 1, 1999. Indicated disappearance for the September-November 2000 quarter totaled 821 million bushels, up slightly from the same quarter in 1999.

All wheat stored in all positions on December 1, 2000 totaled 1.80 billion bushels, down 4 percent from a year ago. On-farm stocks are estimated at 623 million bushels, down 4 percent from last year. Off-farm stocks, at 1.18 billion bushels, are down 5 percent from a year ago. The indicated September - November 2000 quarter disappearance is 551 million bushels, down 2 percent from the same period in 1999. Durum wheat stocks in all positions on December 1, 2000 totaled 104 million bushels, down 5 percent from a year ago. On-farm stocks, at 72.0 million bushels, are down 3 percent from 1999. Off-farm stocks totaled 32.3 million bushels, down 9 percent from a year ago. The indicated September-November 2000 quarter disappearance of 18.9 million bushels is down 29 percent from the same period a year earlier.

Barley stocks in all positions on December 1, 2000 are estimated at 229 million bushels, less than 1 percent above last year. On-farm stocks are 112 million bushels, 3 percent above a year ago. Off-farm stocks are 117 million bushels, 2 percent below 1999. Indicated disappearance during the September-November 2000 quarter totaled 65 million bushels, down 3 percent from the same period a year earlier.

Grain sorghum stored in all positions on December 1, 2000 totaled 262 million bushels, down 25 percent from a year ago. Off-farm stocks, at 187 million bushels, are down 28 percent from last year and account for 72 percent of the total stocks. On-farm stocks, at 74.3 million bushels, are down 18 percent from last year. The September-November 2000 quarter disappearance from all positions is 274 million bushels, down 12 percent from last year.

Oats stored in all positions on December 1, 2000 totaled 144 million bushels, 8 percent above the December 1, 1999 estimate. Of the total stocks on hand, 86.9 million bushels were stored in on-farm facilities, 9 percent above the same quarter last year. Stocks held in off-farm storage facilities totaled 57.4 million bushels, 6 percent more than a year earlier. Indicated disappearance from all positions during the September-November 2000 quarter totaled 6.1 million bushels compared to 14.8 million bushels during the same period a year ago.

U.S. Grain And Soybean Stocks On December 1
(1,000 Bushels)
-- On-Farm Off-Farm-X Total
Corn 5,550,000 2,967,589 8,517,589
Year-Ago 5,195,000 2,844,443 8,039,443
Sorghum 74,300 187,287 261,587
Year-Ago 90,300 259,136 349,436
Oats 86,900 57,369 144,269
Year Ago 79,800 53,872 133,672
Barley 111,500 117,380 228,880
Year-Ago 108,000 119,721 227,721
All Wheat 623,420 1,178,363 1,801,783
Year Ago 647,400 1,236,344 1,883,744
Durum -Y 72,000 32,346 104,346
Year-Ago 74,500 35,449 109,949
Soybeans 1,217,000 1,022,092 2,239,092
Year-Ago 1,150,000 1,032,666 2,182,666
X-Mills, elevators, warehouses, terminals and processors.
Y-Durum included in all wheat.

January 11, 2001
NASS, U.S. Department of Agriculture
Washington, D.C.

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