STAT Communications Ag Market News

Soybean Supplies Jump 17%

WASHINGTON - Jan 12/15 - SNS -- Soybeans stored in all positions on December 1, 2014 totaled 2.52 billion bushels, up 17% from December 1, 2013, according to the latest stocks in all positions report from the USDA.

Soybean stocks stored on farms totaled 1.22 billion bushels, up 28% from a year ago. Off-farm stocks, at 1.31 billion bushels, are up 9% from last December.

Indicated disappearance for September - November 2014 totaled 1.54 billion bushels, up 14% from the same period a year earlier.

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