Grain In Reserve

摘要

USDA released its latest quarterly Grain Stocks report, which saw significant shifts in old crop wheat and grain sorghum and smaller movements for corn and soybean.For corn, USDA reports stocks in all positions as of Sept. 1, 2016, totaled 1.74 billion bushels. This is up slightly from the same date in 2015. On-farm storage (627 million bushels) is 6% higher than 2015, but off-farm stocks (1.11 billion bushels) are down 2%.