Corn stocks fall 15 percent, soybeans down slightly

Corn stocks in all positions on March 1, 2011 totaled 6.52 billion bushels, down 15 percent from March 1, 2010. Of the total stocks, 3.38 billion bushels  are stored on farms, down 26 percent from a year earlier. Off-farm stocks, at  3.14 billion bushels, are down slightly from a year ago. The  December 2010 - February 2011 indicated disappearance is 3.53 billion  bushels, compared with 3.21 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2011 totaled 1.25 billion  bushels, down 2 percent from March 1, 2010. Soybean stocks stored on farms  are estimated at 505 million bushels, down 17 percent from a year ago.  Off-farm stocks, at 744 million bushels, are up 13 percent from last March.  Indicated disappearance for the December 2010 - February 2011 quarter totaled  1.03 billion bushels, down 4 percent from the same period a year earlier.

All wheat stored in all positions on March 1, 2011 totaled 1.42 billion  bushels, up 5 percent from a year ago. On-farm stocks are estimated at  288 million bushels, down 17 percent from last March. Off-farm stocks, at  1.14 billion bushels, are up 13 percent from a year ago. The  December 2010 - February 2011 indicated disappearance is 508 million bushels,  up 20 percent from the same period a year earlier.

Durum wheat stocks in all positions on March 1, 2011 totaled 56.5 million  bushels, up 2 percent from a year ago. On-farm stocks, at 35.7 million  bushels, are up 4 percent from March 1, 2010. Off-farm stocks totaled 20.8 million bushels, down 2 percent from a year ago. The December 2010 - February 2011 indicated disappearance of 11.8 million bushels is down 42 percent from the same period a year earlier.

Barley stocks in all positions on March 1, 2011 totaled 138 million bushels, down 12 percent from March 1, 2010. On-farm stocks are estimated at 57.7 million bushels, 14 percent below a year ago. Off-farm stocks, at 80.3 million bushels, are 11 percent below March 2010. The December 2010 - February 2011 indicated disappearance totaled 42.4 million bushels, 14 percent below the same period a year earlier.

Grain sorghum stored in all positions on March 1, 2011 totaled 171 million bushels, down 3 percent from a year ago. On-farm stocks, at 13.0 million bushels, are down 45 percent from last March. Off-farm stocks, at 158 million bushels, are up 4 percent from a year earlier. The December 2010 - February 2011 indicated disappearance from all positions is
66.8 million bushels, down 11 percent from the same period last year.