U.S. Soybean Stocks Up 3% on Year
WASHINGTON - Jan 12/10 - SNS -- Soybeans stored in all positions on December 1, 2009 totaled 2.34 billion bushels, up 3% from December 1, 2008, reports the USDA.
Soybean stocks stored on farms totaled 1.23 billion bushels, up 4% from a year ago. Off-farm stocks, at 1.11 billion bushels, are up 2% from last December.
Indicated disappearance for September - November 2009 totaled 1.16 billion bushels, up 30% from the same period a year earlier.
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