Rapid Durum Inventory Depletion



WASHINGTON - Mar 31/20 - SNS -- Durum wheat stocks in all positions on March 1, 2020 totaled 51.5 million bushels, down 31% from a year ago, according to the USDA.

On-farm stocks, at 23.5 million bushels, are down 42% from March 1, 2019. Off-farm stocks totaled 28.0 million bushels, down 17% from a year ago.

The December 2019 - February 2020 indicated disappearance of 12.9 million bushels is 41% above the same period a year earlier.

Durum Wheat Stocks by Position - States and United States: March 1, 2019 and 2020
[Included in All wheat]
-----------------------------------------------------------------------------------------
                 :               2019                :               2020
                 :-----------------------------------------------------------------------
      State      :    On     :    Off    : Total all :    On     :    Off    : Total all
                 :   farms   : farms 1/  : positions :   farms   : farms 1/  : positions
-----------------------------------------------------------------------------------------
                 :                             1,000 bushels
                 :
Montana .........:     (D)         (D)      17,729         (D)         (D)      11,378
North Dakota ....:     (D)         (D)      32,156         (D)         (D)      20,638
                 :
Other States ....:  40,600      33,789      24,504      23,500      27,982      19,466
                 :
United States ...:  40,600      33,789      74,389      23,500      27,982      51,482
-----------------------------------------------------------------------------------------
(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, 2019
[Included in All wheat]
--------------------------------------------------------------------------------------
                 :          On          :         Off          :      Total all
      State      :        farms         :       farms 1/       :      positions
--------------------------------------------------------------------------------------
                 :                           1,000 bushels
                 :
Montana .........:        15,500                  2,522                 18,022
North Dakota ....:        17,000                  5,382                 22,382
                 :
Other States ....:           700                 23,283                 23,983
                 :
United States ...:        33,200                 31,187                 64,387
--------------------------------------------------------------------------------------
1/ Includes stocks at mills, elevators, warehouses, terminals, and processors.