USDA Grain Stocks Report

USDA Grain Stocks Report

Corn Stocks Down 1 Percent from December 2023

Soybean Stocks Up 3 Percent

All Wheat Stocks Up 10 Percent

Corn stored in all positions on December 1, 2024 totaled 12.1 billion bushels, down 1 percent from December 1, 2023. Of the total stocks, 7.66 billion bushels are stored on farms, down 2 percent from a year earlier. Off-farm stocks, at 4.41 billion bushels, are up 2 percent from a year ago. The September - November 2024 indicated disappearance is 4.56 billion bushels, compared with 4.53 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2024 totaled 3.10 billion bushels, up 3 percent from December 1, 2023. Soybean stocks stored on farms totaled 1.54 billion bushels, up 6 percent from a year ago. Off-farm stocks, at 1.56 billion bushels, are up 1 percent from last December. Indicated disappearance for September - November 2024 totaled 1.61 billion bushels, up 13 percent from the same period a year earlier.

All wheat stored in all positions on December 1, 2024 totaled 1.57 billion bushels, up 10 percent from a year ago. On-farm stocks are estimated at 467 million bushels, up 16 percent from last December. Off-farm stocks, at 1.10 billion bushels, are up 8 percent from a year ago. The September - November 2024 indicated disappearance is 423 million bushels, 22 percent above the same period a year earlier.

Durum wheat stored in all positions on December 1, 2024 totaled 52.0 million bushels, up 15 percent from a year ago. On-farm stocks, at 37.8 million bushels, are up 67 percent from December 1, 2023. Off-farm stocks totaled 14.2 million bushels, down 37 percent from a year ago. The September - November 2024 indicated disappearance of 15.3 million bushels is 27 percent above the same period a year earlier.

Barley stored in all positions on December 1, 2024 totaled 117 million bushels, down 18 percent from December 1, 2023. On-farm stocks are estimated at 66.2 million bushels, 23 percent below a year ago. Off-farm stocks, at 50.6 million bushels, are 9 percent below December 2023. The September - November 2024 indicated disappearance is 37.3 million bushels, 2 percent below the same period a year earlier.

Oats stored in all positions on December 1, 2024 totaled 51.6 million bushels, down 17 percent from the stocks on December 1, 2023. Of the total stocks on hand, 24.9 million bushels are stored on farms, up 3 percent from a year ago. Off-farm stocks totaled 26.7 million bushels, down 30 percent from the previous year. Indicated disappearance during September - November 2024 totaled 13.7 million bushels.

Grain sorghum stored in all positions on December 1, 2024 totaled 210 million bushels, up 11 percent from a year ago. On-farm stocks, at 31.5 million bushels, are down 5 percent from December 1 last year. Off-farm stocks, at 179 million bushels, are up 14 percent from a year earlier. The September - November 2024 indicated disappearance from all positions is 166 million bushels, up 9 percent from the same period in 2023.

Pulse crops stored in all positions on December 1, 2024 are: dry edible peas, 7.05 million cwt; lentils, 3.07 million cwt; all chickpeas, 3.65 million cwt; small chickpeas, 1.07 million cwt; and large chickpeas, 2.59 million cwt.