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U.S. All Wheat Disappearance Rising
WASHINGTON - Jan 11/08 - SNS -- All wheat stored in all positions on December 1, 2007 totaled 1.13 billion bushels, down 14% from a year ago, according to the USDA.
On-farm stocks are estimated at 290 million bushels, down 28% from last December. Off-farm stocks, at 838 million bushels, are down 8% from a year ago.
The September - November 2007 indicated disappearance is 589 million bushels, up 35% from the same period a year earlier.
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