Sorghum Inventories Double
WASHINGTON - Sep 30/14 - SNS --Old crop grain sorghum stored in all positions on September 1, 2014 totaled 34.0 million bushels, up 125% from a year ago, according to the USDA's latest stocks in all positions estimates.
On-farm stocks, at 1.95 million bushels, are up 223% from last year. Off-farm stocks, at 32.1 million bushels, are up 121% from September 1, 2013.
The June - August 2014 indicated disappearance from all positions is 58.4 million bushels, up 125% from the same period a year ago.
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