STAT Communications Ag Market News

Durum Stocks Jump 58%

WASHINGTON - Jun 28/19 - SNS -- Old crop Durum wheat stocks in all positions on June 1, 2019 totaled 55.2 million bushels, up 58% from a year ago, according to the latest USDA stocks in all posotions report.

On-farm stocks, at 26.1 million bushels, are up 74% from June 1, 2018. Off-farm stocks totaled 29.1 million bushels, up 46% from a year ago.

The March - May 2019 indicated disappearance of 19.2 million bushels is up 32% from the same period a year earlier.

Durum Wheat Stocks by Position - States and United States: June 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)       6,167         (D)         (D)      12,241
North Dakota ....:     (D)         (D)      15,344         (D)         (D)      22,317
                 :
Other States ....:  14,950      19,996      13,435      26,050      29,143      20,635
                 :
United States ...:  14,950      19,996      34,946      26,050      29,143      55,193
-----------------------------------------------------------------------------------------
(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: March 1, 2019
[Included in All wheat]
--------------------------------------------------------------------------------------
                 :          On          :         Off          :      Total all
      State      :        farms         :       farms 1/       :      positions
--------------------------------------------------------------------------------------
                 :                           1,000 bushels
                 :
Montana .........:           (D)                    (D)                 17,729
North Dakota ....:           (D)                    (D)                 32,156
                 :
Other States ....:        40,600                 33,789                 24,504
                 :
United States ...:        40,600                 33,789                 74,389
--------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
1/  Includes stocks at mills, elevators, warehouses, terminals, and processors.

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.