Virginia corn stock down from 2014: Grain stocks up
The Virginia Department of Agriculture and Consumer Services announced Thursday that reserves of corn are down this year in the Commonwealth, but winter wheat stocks are up. This information is from surveys conducted by the National Agricultural Statistics Service of the U.S. Department of Agriculture.
VIRGINIA GRAIN STOCKS
Virginia corn stocks stored in off-farm facilities on June 1, 2015 totaled 4.29 million bushels, compared to 5.59 million bushels stored off-farm on June 1, 2014. Virginia wheat stocks stored off the farm totaled 4.88 million bushels on June 1, 2015, compared to 3.26 million bushels stored off the farm a year earlier.
U.S. GRAIN STOCKS
Corn stocks in all positions on June 1, 2015 totaled 4.45 billion bushels, up 15 percent from June 1, 2014. Of the total stocks, 2.28 billion bushels are stored on farms, up 22 percent from a year earlier. Off-farm stocks, at 2.17 billion bushels, are up 9 percent from a year ago. The March – May 2015 indicated disappearance is 3.30 billion bushels, compared with 3.16 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2015 totaled 625 million bushels, up 54 percent from June 1, 2014. On-farm stocks totaled 246 million bushels, up 126 percent from a year ago. Off-farm stocks, at 379 million bushels, are up 28 percent from a year ago. Indicated disappearance for the March – May 2015 quarter totaled 701 million bushels, up 19 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2015 totaled 753 million bushels, up 28 percent from a year ago. On farm stocks are estimated at 155 million bushels, up 60 percent from last year. Off-farm stocks, at 597 million bushels, are up 21 percent from a year ago. The March – May 2015 indicated disappearance is 388 million bushels, down 17 percent from the same period a year earlier.