USDA Grain Stocks Report ... released Jan. 12

Corn stored in all positions on December 1, 2023 totaled 12.2 billion bushels, up 13% from December 1, 2022.

Of the total stocks, 7.83 billion bushels are stored on farms, up 16% from a year earlier.

Off-farm stocks, at 4.34 billion bushels, are up 7% from a year ago.

The September - November 2023 indicated disappearance is 4.53 billion bushels, compared with 4.21 billion bushels during the same period last year.

Soybeans stored in all positions on December 1, 2023 totaled 3.00 billion bushels, down 1% from December 1, 2022.

Soybean stocks stored on farms totaled 1.45 billion bushels, down 2% from a year ago.

Off-farm stocks, at 1.55 billion bushels, are up slightly from last December.

Indicated disappearance for September - November 2023 totaled 1.43 billion bushels, down 6% from the same period a year earlier.

All wheat stored in all positions on December 1, 2023 totaled 1.41 billion bushels, up 8% from a year ago.

On-farm stocks are estimated at 395 million bushels, up 9% from last December.

Off-farm stocks, at 1.02 billion bushels, are up 7% from a year ago.

The September - November 2023 indicated disappearance is 357 million bushels, 23% below the same period a year earlier.

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