STAT Communications Ag Market News

Durum Wheat Stocks Soar 50%

WASHINGTON - Mar 29/19 - SNS -- Durum wheat stocks in all positions on March 1, 2019 totaled 74.1 million bushels, up 50% from a year ago, according to the USDA's stocks in all positions report.

On-farm stocks, at 40.6 million bushels, are up 57% from March 1, 2018. Off-farm stocks totaled 33.5 million bushels, up 41% from a year ago. The December 2018 - February 2019 indicated disappearance of 9.46 million bushels is 45% above the same period a year earlier.

Durum Wheat Stocks by Position - States and United States: March 1, 2018 and 2019
[Included in All wheat]
-----------------------------------------------------------------------------------------
                 :               2018                :               2019
                 :-----------------------------------------------------------------------
      State      :    On     :    Off    : Total all :    On     :    Off    : Total all
                 :   farms   : farms 1/  : positions :   farms   : farms 1/  : positions
-----------------------------------------------------------------------------------------
                 :                             1,000 bushels
                 :
Montana .........:     (D)         (D)      11,933         (D)         (D)      17,729
North Dakota ....:     (D)         (D)      21,319         (D)         (D)      32,001
                 :
Other States ....:  25,800      23,740      16,288      40,600      33,472      24,342
                 :
United States ...:  25,800      23,740      49,540      40,600      33,472      74,072
-----------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
1/  Includes stocks at mills, elevators, warehouses, terminals, and processors.
Durum Wheat Stocks by Position - States and United States: December 1, 2018
[Included in All wheat]
--------------------------------------------------------------------------------------
                 :          On          :         Off          :      Total all
      State      :        farms         :       farms 1/       :      positions
--------------------------------------------------------------------------------------
                 :                           1,000 bushels
                 :
Montana .........:           (D)                    (D)                 21,768
North Dakota ....:           (D)                    (D)                 35,493
                 :
Other States ....:        46,700                 36,830                 26,269
                 :
United States ...:        46,700                 36,830                 83,530
--------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
1/  Includes stocks at mills, elevators, warehouses, terminals, and processors.

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