STAT Communications Ag Market News

U.S. Corn Inventories Up

WASHINGTON - Jan 10/14 - SNS -- Corn stored in all positions on December 1, 2013 totaled 10.4 billion bushels, up 30% from December 1, 2012, according to the USDA's latest stocks in all positions report.

Of the total stocks, 6.38 billion bushels are stored on farms, up 39% from a year earlier. Off-farm stocks, at 4.05 billion bushels, are up 17% from a year ago.

The September - November 2013 indicated disappearance is 4.32 billion bushels, compared with 3.74 billion bushels during the same period last year.

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