Corn Inventories Jump 39%
WASHINGTON - Jun 30/14 - SNS -- Corn stocks in all positions on June 1, 2014 totaled 3.85 billion bushels, up 39% from June 1, 2013, according to the USDA's latest stocks in all positions report.
Of the total stocks, 1.86 billion bushels are stored on farms, up 48% from a year earlier. Off-farm stocks, at 1.99 billion bushels, are up 32% from a year ago.
The March - May 2014 indicated disappearance is 3.15 billion bushels, compared with 2.63 billion bushels during the same period last year.
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