7% Less Soybeans On Hand
WASHINGTON - Jun 30/14 - SNS -- Soybeans stored in all positions on June 1, 2014 totaled 405 million bushels, down 7% from June 1, 2013, according to the USDA's latest stocks in all positions report.
On-farm stocks totaled 109 million bushels, down 36% from a year ago. Off-farm stocks, at 296 million bushels, are up 12% from a year ago.
Indicated disappearance for the March - May 2014 quarter totaled 589 million bushels, up 4% from the same period a year earlier.
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