STAT Communications Ag Market News

Corn Stocks Jump 30%

WASHINGTON - Mar 31/14 - SNS -- Corn stocks in all positions on March 1, 2014 totaled 7.01 billion bushels, up 30% from March 1, 2013, according to the USDA's latest stocks in all positions estimates for the United States.

Of the total stocks, 3.86 billion bushels are stored on farms, up 45% from a year earlier. Off-farm stocks, at 3.15 billion bushels, are up 15% from a year ago.

The December 2013 - February 2014 indicated disappearance is 3.45 billion bushels, compared with 2.63 billion bushels during the same period last year.

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