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U.S. Soybean Stocks Slip
WASHINGTON - Jun 30/09 - SNS -- Soybeans stored in all positions in the United States on June 1, 2009 totaled 597 million bushels, down 12% from June 1, 2008, according to the USDA.
On-farm stocks totaled 226 million bushels, down slightly from a year ago. Off-farm stocks, at 371 million bushels, are down 18% from the previous year.
Indicated disappearance for the March - May 2009 quarter totaled 705 million bushels, down 7% from the same period a year earlier.
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