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U.S. Corn Inventories Rise 6%
WASHINGTON - Jun 30/09 - SNS -- Corn stocks in all positions in the United States on June 1, 2009 totaled 4.27 billion bushels, up 6% from June 1, 2008, according to the USDA.
Of the total stocks, 2.21 billion bushels are stored on farms, up 12% from a year earlier. Off-farm stocks, at 2.06 billion bushels, are up slightly from a year ago.
The March - May 2009 indicated disappearance is 2.69 billion bushels, compared with 2.83 billion bushels during the same period last year.
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