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U.S. Corn Stocks Up on Year
WASHINGTON - Jan 12/10 - SNS -- Corn stored in all positions on December 1, 2009 totaled 10.9 billion bushels, up 9% from December 1, 2008, reports the USDA.
Of the total stocks, 7.45 billion bushels are stored on farms, up 15% from a year earlier. Off-farm stocks, at 3.49 billion bushels, are down 3% from a year ago.
The September - November 2009 indicated disappearance is 3.89 billion bushels, compared with 3.64 billion bushels during the same period last year.
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